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About This Home
This 14-bedroom, 0-bathroom residential multi family at 1907 W Sugar Grove Rd in Ludington, MI is listed for $500,000. Built in 1985, on a 14.50 acres lot.
Investment Opportunity. 14.6 acres with Multiple Rental Units & Pole Barn This versatile income-producing property features two residential buildings with a total of five rental units (with potential for a sixth) plus a large pole barn, all situated on 14.6 acres in a prime central location.
Building 1 offers two spacious 4-bedroom, 2-bath units, each with walkout lower levels and laundry areas. Building 2 includes four units--three completed 2-bedroom, 1-bath units and one undeveloped unit ready for your vision. Each unit is separately metered, allowing tenants to pay their own utilities.
One well and one septic system for all units, ensuring low maintenance costs and operational efficiency. With steady rental income from leases already in place, this property is perfect for The large pole barn provides additional storage or income potential. Located across the street from West Shore Community College and centrally positioned between Ludington, Scottville, and Manistee, this property offers convenient access to area amenities and a strong tenant pool.
Key Features
- Built in 1985
- 14.50 acre lot
- 10 parking spaces
Property Details
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1907 W Sugar Grove Rd
Ludington, MI 49431
Property Details
Construction
Parking
Heating
Questions & Answers
This 14-bedroom, 0-bathroom residential multi family at 1907 W Sugar Grove Rd is listed at $500,000. The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.
Key features include: Built in 1985, 14.50 acre lot, 10 parking spaces.
This property is listed by Debby Stevenson and can be reached at 2315105727 or deb@debstevenson.com.