Properties for sale in Michigan

Overview

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. Property has 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 and a common-area entrance.

Location Property Info

County: Mason
Street #: 602
Street Name: Fifth
Suffix: Street
State: MI
Zip Code: 49431

General Property Info

Lot Measurement: Acres
Lot Square Footage: 8400
Lot Acres: 0.19
Lot Dimensions: 60 x 140
Year Built: 1900
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Road Frontage: 200
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 2072
Total Parking Spaces: 4
Waterfront: No
School District: Ludington
Elementary School: Ludington Elementary School
Middle School: Oj Dejonge Middle School
High School: Ludington High School
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 53-051-432-005-00
Taxable Value: 33630
SEV: 64400
For Tax Year: 2025
Seller's Annual Property Tax: 1973.07
Tax Year: 2025
Spec Assessment & Ty: Unknown
Zoning: 401
Homestead %: 0

Remarks Misc

Directions: Ludington Ave to Washington Ave, South to Fifth St, East to the property

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: Lower
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: Upper
Occupied: No
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Lincoln St
Property Sub-Type: 2 to 4 Units
Municipality: Ludington
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 120.66

Remarks & Misc

Public Remarks: 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. Property has 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 and a common-area entrance.
Legal: ADDITION NO. 2 LOT 5 BLOCK 112

Lot Description

Corner Lot: Yes
Level: Yes
Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

None: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Driveway

Gravel: Yes

Substructure

Full: Yes
Michigan Basement: Yes

Extras

Sep Electric Meter: Yes
Sep Gas Meter: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Roofing: Composition Substructure: Full; Michigan Basement Lot Description: Corner Lot; Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: None Extras: Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: None Driveway: Gravel Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None Unit 1: Range Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 2: Range/Oven; Refrigerator

602 Fifth Street, Ludington, MI 49431