109 W Melendy St, Ludington, MI 49431

$529,000
5
BD
4
BA
2,469
SqFt

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List Price
$529,000
MLS#
67026048474
Status
ACTIVE
Bedrooms
5
Bathrooms
4
Total Square Footage
2,469

Property Description

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.

Additional Information

Site Description
Corner Lot, Level
Year Built
1900
Basement Type
Full
Foundation
Basement
Acres
0.23
Style
Traditional
Acres
0.23
School District
Ludington
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Range, Washer
Heating
Forced Air, Natural Gas
Exterior Features
Balcony
Garage Spaces
2
Garage Description
Detached, Unpaved

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of LIGHTHOUSE REALTY-Ludington 2318457500