602 Fifth Street Active Save Request In-Person Tour Request Virtual Tour
Ludington,MI 49431
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Ludington
MLS Listing ID 25040352
Year Built 1900
Annual Tax Amount $1,940
Tax Year 2025
Lot Size 8,400 Sqft
Acres 0.19
Lot Dimensions 60 x 140
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Multi-Family Income Property - Well-maintained duplex featuring two spacious units, each offering 2 bedrooms and 1 full bathroom. The lower unit includes a living room, dining room, large kitchen, basement access with laundry area, and additional storage. The upper unit offers a similar spacious layout with comfortable living areas, a nice-sized kitchen/dining area and roomy bedrooms.
Both units are currently leased to long-term tenants, with a solid rental history, making this a strong investment opportunity. This home has vinyl siding, some replacement windows, and the roof is approximately 4 years old. Each unit has separate electric and gas meters and tenant pays their own utilities. Th owner pays water/sewer.
The property features paved off-street parking, a common-area entrance, and a convenient location in the City of Ludington. Please note: some photos have been digitally edited to remove furnishings. Units are fully occupied48-hour notice required for all showings. and a convenient location in the City of Ludington. Please note: some photos have been digitally edited to remove furnishings. Units are fully occupied48-hour notice required for all showings.
Location
State MI
County Mason
Area Masonoceanamanistee - O
Direction Ludington Ave to Washington Ave, South to Fifth St, East to the property
Rooms
Basement Full,Michigan Basement
Interior
Heating Forced Air
Cooling None
Laundry In Basement
Exterior
Parking Features Driveway,Gravel
Utilities Available Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 4
Building
Lot Description Level,Sidewalk,Corner Lot
Structure Type Vinyl Siding
New Construction No
Schools
School District Ludington
Others
Tax ID 53-051-432-005-00
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional