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
MLS Listing ID 25040352
Year Built 1900
Annual Tax Amount $1,940
Tax Year 2025
Lot Size 8,400 Sqft
Property Sub-Type 2 to 4 Units
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
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
Building
Lot Description Level,Sidewalk,Corner Lot
Structure Type Vinyl Siding
New Construction No
Schools
School District Ludington
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional