414 E Ludington Avenue, Ludington, MI 49431
- $650,000
- 5
- BD
- 5
- BA
- 2,198
- SqFt
- List Price
- $650,000
- Days on Market
- 8
- MLS#
- 26047308
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 5
- Bathrooms
- 5
- Full-baths
- 5
- Living Area
- 2,198
Property Description
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.
Additional Information
- Taxes
- $7,000
- Acres
- 0.19
- Basement
- Other
- Heating
- Baseboard, Forced Air
- Roofing
- Asphalt
- School District
- Ludington
- Stories
- 1
- Utilities
- Cable Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public
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Listing courtesy of Listing Agent: Chad Enbody from Listing Office: LIGHTHOUSE REALTY-Ludington.
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