$650,000
Ludington, MI 49431
MLS# 26047308
3 beds | 8 baths | 2198 sqft
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Property Description
TURNKEY & PROFITABLE LUDINGTON INVESTMENT! Don't miss this rare opportunity on Ludington Avenue, just blocks from downtown and minutes from Lake Michigan! Completely renovated in 2020, the former 8-room Avenue Motel was transformed into three spacious, fully furnished suites—two 2-bedroom/2-bath units and one 1-bedroom/1-bath unit, each with its own full kitchen. Currently operating as successful short- and mid-term rentals, this property has a strong, proven rental history and impressive profitability after expenses. Two newer water heaters, dedicated laundry/utility space and an office add to the turnkey appeal. With a prime location, established income and multiple rental possibilities, this is a ready-to-go investment in one of West Michigan's favorite lakeshore destinations!
Details
Location & Property Info
Cross Streets: ludington ave and lavinia
Property Sub-Type: Single Family Residence
Municipality: Ludington
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 295.72
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 60x140
Road Frontage: 60
Garage Y/N: No
Total Fireplaces: 1
Waterfront: No
Income Property: Yes
Basement: No
Condo Proj Name: Furnished Rental
Total Rooms AG: 5
Total Fin SqFt All Levels: 2198
SqFt Above Grade: 2198
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 2198
Total Beds Above Grade: 3
Main Level Primary: Yes
Stories: 1
School District: Ludington
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.19
Lot Square Footage: 8276
Year Built: 1954
Total Bedrooms: 3
Full Baths: 8
Total Baths: 8
Tax Info
Taxable Value: 120600
SEV: 131800
For Tax Year: 2025
Seller's Annual Property Tax: 7000
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None
Tax ID #: 051-222-001-00
Remarks & Misc
Public Remarks: TURNKEY & PROFITABLE LUDINGTON INVESTMENT! Don't miss this rare opportunity on Ludington Avenue, just blocks from downtown and minutes from Lake Michigan! Completely renovated in 2020, the former 8-room Avenue Motel was transformed into three spacious, fully furnished suites—two 2-bedroom/2-bath units and one 1-bedroom/1-bath unit, each with its own full kitchen. Currently operating as successful short- and mid-term rentals, this property has a strong, proven rental history and impressive profitability after expenses. Two newer water heaters, dedicated laundry/utility space and an office add to the turnkey appeal. With a prime location, established income and multiple rental possibilities, this is a ready-to-go investment in one of West Michigan's favorite lakeshore destinations!
Legal: RESSEGUIE'S ADDITION LOT 1 BLOCK 2.
Waterfront Options
Water Access Y/N: No
Lot Description
Corner Lot: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
Main Level: 1
Exterior Material
Brick: 1
Roofing
Asphalt: 1
Other: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Forced Air: 1
Air Conditioning
Wall Unit(s): 1
Access Feat
Accessibility Features: No
Upper Rooms
Total Baths Above Grade: 5
Main Rooms
Main Bedrooms: 3
Main Full Baths: 5
Main Level SQFT: 2198
Lower Rooms
Lower Full Baths: 3
Lower Finished SQFT: 2198
Total Lower SQFT: 2198
Driveway
Asphalt: 1
Paved: 1
Substructure
Other: 1
Windows
Insulated Windows: 1
Flooring
Laminate: 1
Architectural Style
Ranch: 1
Possession
Negotiable: 1
Location Property Info
County: Mason
Street #: 414
Street Direction: E
Street Name: Ludington
Suffix: Avenue
State: MI
Zip Code: 49431
Zip (4): 2123
OfficeContract Info
Status: Active
List Price: $650,000
Current Price: $650,000
Listing Date: 2026-09-04
Property Features
Laundry Features: Main Level
Exterior Material: Brick
Roofing: Asphalt; Other
Windows: Insulated Windows
Substructure: Other
Lot Description: Corner Lot
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available
Heat Source: Electric
Heat Type: Baseboard; Forced Air
Air Conditioning: Wall Unit(s)
Flooring: Laminate
Architectural Style: Ranch
Driveway: Asphalt; Paved
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Negotiable
Sale Conditions: None
Listing Office: LIGHTHOUSE REALTY-Ludington
Listing Agent: Chad Enbody
Last Updated: September - 04 - 2026
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