405 S Madison ST #2 Unit Ludington, MI 49431

Great Investment Opportunity with this updated 2 unit in the City of Ludington! Multi-family HOME w/2 rental units.Unit 1-Main floor of the home is a 2 bedroom;1 NEW REMODELED Bath w/spacious living & KITCHEN area.NEW FLOORING THROUGHOUT(Nov 2020). Covered front porch w/Mudroom entrance also part of this unit, plus access to the basement for storage.Unit 2-upper level-accessed from a private exterior entrance with large covered porch.This unit offers 2 bedrooms, 1 bath, cozy living room & sizable kitchen w/eating area and walk-in Pantry. Utilities are metered separately (tenants pay gas/electric). Landlord pays water/sewer bill. PRIVATE PARKING off the alley. Just a few blocks to Lake Michigan beach, LUDINGTON downtown district, marinas, Hospital & NEW ELEMENTARY SCHOOL COMPLEX. Great Opportunity to Own an already generating INCOME Property:2 UNIT property with DEFINITE INCREASED INCOME potential. Well maintained, charming details, lovingly restored investment property! This spacious home was converted into a DUPLEX & Each unit was remodeled;New Windows through most of property,NO LAPSE in rental INCOME. This WELL MAINTAINED PROPERTY is Sitting on an extra large lot With Many Possibilities:Private back yard is the perfect place for tenants to enjoy outdoor space. This Property offers the opportunity to live in one Unit and lease the other or continue generating the income based potential. Potential to Easily convert the property to a single family residence to fit your family needs.This wonderful Ludington listing is a great rental, vacation, or year-round home. You could live in one of the units and offset your payment with the rent from the second unit. Tenants are currently in mo to mo status. Looking to invest in Real Estate? This is your perfect opportunity to buy your very own 2 unit Property in the heart of LUDINGTON. You won't want to miss out on this ideal turn-key income property. A MUST SEE PROPERTY! City of Ludington inspection compliance certificate on file.