109 W Melendy Street Ludington, MI 49431
Other
MLS #: 26048543
Courtesy Of Lighthouse Realty Ludington Manistee
503 S Rath, Ludington, MI 49431
503 S Rath, Ludington, MI 49431
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 3
- Heating System: Forced Air
- Legal Description: ORIGINAL PLAT LOT 5 & W 10 FT OF LOT 4 BLOCK 74.
- MLSID: 26048543
- Parking Spaces: 2
- Rooms: Bathroom 4
- Rooms: Bathroom 2
- Rooms: Basement
- Rooms: Bathroom 3
- Rooms: Bathroom 1
MAP & DIRECTIONS
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