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109 W Melendy St

Ludington MI 49431

0.23 ac.
Multi-Family
Currently for sale - view listing

Overview

Great location just 5 blocks from Ludington Ave and Downtown. Fabulous view of the Harbor View Marina and you can see down the channel to the Lighthouse. Historic home once owned by the company running the S.S. Badger Carferry. Located on the corner of West Melendy and South Rath Ave. Currently a 3 unit rental property generating monthly rent of $3350. Could be converted back to single family home or could be a development property. Zoning would allow up to 7 multi-family units. With space for an additional 5-units by purchasing the property next door, which is available, for a total of 12-units. Plans have been drawn for a 12-unit condo and also a 9-unit project in three buildings. You can view these plans drawn by a well known architect.

Features

0.23 ac. lot size
Multi-Family

Property history for 109 W Melendy St

2021
Sold
$275,000
22 Jun 2021
2017
Sold
$135,000
05 May 2017 by Renee Malburg, of GREENRIDGE Realty-Ludington

Happy sellers in Ludington

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We have insufficient information to provide an overview of customer satisfaction for Ludington. Viewing the agent profiles, reviews and sales for Ludington can provide insights for this location.

Local market activity for multi families in Ludington

In the last 12 months, 5 multi families similar to 109 W Melendy St, have been sold.

This represents a 55% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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