Ludington, MI 49431
MLS# 26048543
Great location just 5 blocks from Ludington Ave and Downtown. Fabulous view of the Harbor View Marina and you can see down the channel to the Lighthouse. Historic home once owned by the company running the S.S. Badger Carferry. Located on the corner of West Melendy and South Rath Ave. Currently a 3 unit rental property generating monthly rent of $3350. Could be converted back to single family home or could be a development property. Zoning would allow up to 7 multi-family units. With space for an additional 5-units by purchasing the property next door, which is available, for a total of 12-units. Plans have been drawn for a 12-unit condo and also a 9-unit project in three buildings. You can view these plans drawn by a well known architect.
Listed by David J Moore · LIGHTHOUSE REALTY-Ludington
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$2,675/mo
$105,800 down · $423,200 financed
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