316 N Robert St Ludington, MI 49431
Estimated payment $2,283/month
Highlights
- 1 Fireplace
- Forced Air Heating and Cooling System
- Level Lot
- Lakeview Elementary School Rated A-
About This Home
Consider this opportunity to take a permitted, 3 unit conversion property to it's full potential! This conversion has been designed and framed for a 3 unit apartment complex including two 4 bed/1.5 bath units and a 3 bed/1 bath unit. Situated on an oversized .26 acre lot located 5 blocks from Lake Michigan and 3 blocks to Downtown Ludington this rental property has so much potential! If looking to owner occupy and obtain rental income OR make this an exceptional rental property, the project is well underway. Timing is perfect for an indoor winter project with the shell wintered in and ready for the finish work. New roof, windows, framing, and insulation are accomplished. Exterior potential is great for ample parking, outdoor green spaces and even garages if desired. Come take a look!
Listing Agent
Five Star Real Estate - Ludington License #6506043816 Listed on: 01/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,000
Year Built
- Built in 1930
Lot Details
- 0.26 Acre Lot
- Level Lot
Parking
- 8 Parking Spaces
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Walk-Out Basement
Location
- Mineral Rights Excluded
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 3 Units
Listing and Financial Details
- The owner pays for trash collection, water
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $102,800 | $102,800 | $0 |
| 2023 | -- | $20,000 | $20,000 | $0 |
| 2022 | -- | $0 | $0 | $0 |
| 2021 | -- | $0 | $0 | $0 |
| 2020 | -- | -- | $0 | $0 |
| 2019 | -- | -- | $0 | $0 |
| 2018 | -- | -- | $0 | $0 |
| 2017 | -- | -- | $0 | $0 |
| 2016 | -- | -- | $0 | $0 |
| 2015 | -- | -- | $0 | $0 |
| 2013 | -- | -- | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Price Changed | $319,000 | -8.6% | -- |
| 02/11/2025 02/11/25 | Price Changed | $349,000 | -2.8% | -- |
| 11/22/2024 11/22/24 | For Sale | $359,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $75,000 | Lakeshore Land & Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $60,000 | Purchase Money Mortgage | |
| Closed | $15,000 | No Value Available | |
| Closed | $0 | Purchase Money Mortgage |
Source: Southwestern Michigan Association of REALTORS®
MLS Number: 24060680
APN: 051-105-012-50
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Information is deemed reliable but not guaranteed.
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