$350,000

609, 611, 613 Ludington Escanaba, MI 49829

Estimated payment $2,258/month

Total Views 963
6 Beds
5.5 Baths
19,200 Sq Ft
$18 Price per Sq Ft

Highlights

  • Community Wi-Fi
  • Hot Water Heating System
  • Dogs and Cats Allowed
  • Ceiling height of 9 feet or more

About This Home

Prime Downtown Escanaba Investment Opportunity Located just steps from Little Bay De Noc, Ludington Park, and the heart of downtown, this well-maintained mixed-use property offers an excellent business opportunity. The building features four upper-level residential units with long-term tenants on yearly leases, ensuring steady income. On the street level, there are two occupied commercial units with solid renters. The property also includes two additional vacant half-lots, perfect for extra parking or future development. With a strong rental history and a prime location near shopping, dining, and waterfront attractions, this is an ideal investment in Escanaba’s vibrant downtown district.

Listing Agent

Robert Petersen

STATE WIDE REAL ESTATE OF ESCANABA License #UPAR Listed on: 08/13/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1888

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Cleared Lot

Parking

  • 3 Car Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Ceiling height of 9 feet or more
  • Basement Fills Entire Space Under The House
  • Fire Sprinkler System
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-2929-307-005, 003, 004

Community Details

Overview

  • Association fees include electric included, heating
  • 4 Units

Amenities

  • Community Wi-Fi

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Apartment, Investment
  • Type Of Property: Multi-Family
  • Structure Style: Condo/Apt 2nd Flr Or Above
  • Styles: Block
  • Total Tax Amount: 3999.27
  • Year Built: 1888
  • Mail City: Escanaba
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Fire Sprinkler
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement Type: Poured, Full
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 6
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 19200
  • Half Bathrooms: 1

Exterior Features

  • Construction: Brick
  • Foundation Type: Basement
  • Roads: Access, Alley, Curbed, Paved Street, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Community
  • Water Heater: Gas
  • Fuel Type: Natural Gas
  • Heating System: Boiler, Hot Water
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • HOA Fee Includes: Electric Included, Heating
  • Community Amenities: Pets-Allowed, Dogs Allowed, Cats Allowed, Wi-Fi Available

Lot Info

  • Assessor Parcel Number: 010-2929-307-005, 003, 004
  • Location: Main Street
  • Lot Dimensions: 100X140
  • Acreage: 0.32
  • Lot Description: Cleared, Sidewalks
  • Zoning: Mixed Use, Commercial
  • Geo Subdivision: MI

Rental Info

  • Lease Information: Lease Term 1-2 Years, Security Deposit, Pets Allowed

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,103.71
  • Winter Tax: Year: 2023, Amount: $1,895.56
  • Total Tax: Amount: $3,999.27

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Escanaba Area Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $350,000 -- $18 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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Source: Upper Peninsula Association of REALTORS®

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Upper Peninsula Association of REALTORS®