209 Rath Ludington MI, 49431
Price:
$
220,000
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Ø
Bd
0
Ba
16,800
Ludington
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Zoning was changed in 2017 to Waterfront Central Business (see attachment). Property that fronts on Filer Street has 2 homes on it, one is vacant, the other is a 2 unit that rents for $375 up and $550 down. The property also has a 4-unit storage building that fronts on the alley- if fully rented, would generate $125-$150/month, making gross rental income $1,050/month. Property has excellent development potential, and is directly across the street from West Shore Bank, main office. This is a large and beautiful site, 3 parcels, 2 full city lots!3 Tax ID's53-051-541-006-0053-051-541-007-0053-051-541-007-50