414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
414 E Ludington Avenue, Ludington, MI 49431
29
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$650,000
Est. payment /mo
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5 Beds
5 Baths
2,198 SqFt
Active

414 E Ludington Avenue Ludington, MI 49431

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,198 sqft

Price per Sqft $295

Municipality Ludington

MLS Listing ID 26047308

Style Ranch

Bedrooms 5

Full Baths 5

Year Built 1954

Annual Tax Amount $7,000

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 60x140

Property Sub-Type Single Family Residence

Source Michigan Regional Information Center (MichRIC)

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. 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.

Location

State MI

County Mason

Rooms

Basement Other

Interior

Heating Baseboard, Forced Air

Cooling Wall Unit(s)

Flooring Laminate

Fireplace false

Window Features Insulated Windows

Laundry Main Level

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected

View Y/N No

Roof Type Other,Asphalt

Street Surface Paved

Garage No

Building

Lot Description Corner Lot

Story 1

Sewer Public

Water Public

Architectural Style Ranch

Structure Type Brick

New Construction No

Schools

School District Ludington

Others

Tax ID 051-222-001-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by LIGHTHOUSE REALTY-Ludington

Nearby Locations

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Marilyn Hazard

Marilyn Hazard

Broker Associate License ID: 65-06045056

+1(616) 299-9944

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414 E Ludington Avenue