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Danny Dedic

info@dedicatedrealtygroup.com +1(586) 855-6672

$ 650,000

Est. payment | -/mo

5 Baths

2,198 SqFt

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$ 650,000

Est. payment | -/mo

Save

5 Baths

2,198 SqFt

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 2,198 sqft

Price per Sqft $295

MLS Listing ID 67026047302

Year Built 1954

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type BusinessandRealEstate

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!

Location

State MI

County Mason

Area Area53082Ludington

Interior

Heating Baseboard, Electric, Forced Air

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features Asphalt, Paved

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition, Other

Building

Foundation Block, None

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ludington

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Chad Enbody of LIGHTHOUSE REALTY-Ludington

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(586) 855-6672

info@dedicatedrealtygroup.com

414 E Ludington AVE Ludington, MI 49431

Danny Dedic

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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414 E Ludington AVE