806 Ludington

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Address: 806 Ludington St, Escanaba, MI 49829, USA
Created date: July 23, 2024
Date last updated: February 5, 2025

Property Description

Investment Opportunity in Prime Location! Attention investors! Here’s a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented, to the same tenants, for 32 years on a month-to-month basis and offers reception area, offices, bathroom, and basement access for storage. Storefront tenants pay their own utilities. Additionally, the 2 upstairs apartments each feature a living room, kitchen, two bedrooms, a full bath, separate entrances, and laundry facilities. Upper front apartment has been renovated and rented as of 12/1/24 for $750 per month. Upper rear apartment has been renovated and will be available for rent starting 2/1/25 for $700 per month. All tenants pay their own utilities. Parking is available in the rear. New Roof in 2021. New Windows and Door on Facade in 2022. Don't miss this opportunity to maximize your investment with upgraded, high-demand units! Building being sold "AS-IS".

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $137,000
No. of Units: 3
Year Built: 1910
Lot Size: 4,320.00 Sq ft
Opportunity Zone: No
Price per unit: $45,667
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 3
Address: 806 Ludington, Escanaba, MI 49829, USA
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