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$650,000
New Listing

414 E Ludington Avenue
Ludington City, MI 49431

For Sale|Business|Active
0
Beds
5
Total Baths
2,198
SqFt
$296
/SqFt
1954
Built
County:
Mason
Call Now: 888-825-1420
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888-825-1420
414 E Ludington Avenue414 E Ludington Avenue414 E Ludington Avenue414 E Ludington Avenue
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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!

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Listing Snapshot
Price 
$650,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,198 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
1954
MLS® Number 
67026047302
Status 
Active
Property Tax 
$7,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.19
Additional Property Use 
Investment
Building Features 
Furniture
Cross Street 
LUDINGTON AVE AND S LAVANIA
Disclosures 
Non Conforming Zoning
Foundation 
BlockNone
Parking 
AsphaltPaved
Parking Spaces 
8
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2198
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Cooling 
Wall Unit(s)
Heating 
BaseboardElectricForced Air
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Exterior Features
Construction Details 
BlockBrickFrameWood Siding
Roof 
CompositionOther
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area53082Ludington
Roads 
Paved
School District 
Ludington
Schools
School District
Ludington
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of LIGHTHOUSE REALTY-Ludington: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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