About 414 E Ludington Avenue
TURNKEY & PROFITABLE LUDINGTON INVESTMENT! Don't miss this rare opportunity on Ludington Avenue, just blocks from downtown and minutes from Lake Michigan! Completely renovated in 2020, the former 8-room Avenue Motel was transformed into three spacious, fully furnished suites--two 2-bedroom/2-bath units and one 1-bedroom/1-bath unit, each with its own full kitchen. Currently operating as successful short- and mid-term rentals, this property has a strong, proven rental history and impressive profitability after expenses. Two newer water heaters, dedicated laundry/utility space and an office add to the turnkey appeal. With a prime location, established income and multiple rental possibilities, this is a ready-to-go investment in one of West Michigan's favorite lakeshore destinations!This is a 3 separate unit motel. 2-two bed 2 bath units and 1-one bedroom one bath unit all have their own full kitchen. Laundry facility is on premises in its own separate room.
Features of 414 E Ludington Avenue
| MLS® # | 67026047308 |
|---|---|
| Price | $650,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 2,198 |
| Acres | 0.19 |
| Year Built | 1954 |
| Type | Residential |
| Sub-Type | Ranch |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 414 E Ludington Avenue |
|---|---|
| Area | 53082 - Ludington |
| City | Ludington city |
| County | Mason |
| State | Michigan |
| Zip Code | 49431 |
Amenities
| Utilities | Cable Connected, Natural Gas Connected |
|---|---|
| Parking | Asphalt, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric, Forced Air |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Construction | Brick |
| Foundation | Other |
School Information
| District | Ludington |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | LIGHTHOUSE REALTY-Ludington |
|---|---|
| Contact Info | chadley6693@gmail.com |