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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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109 W Melendy St , Ludington, MI 49431
$529,000
Est. Payment: $1,175.56/mo
5 Bed
4 Bath
2469 Sqft
Status: Active | Days on site: 6
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by David J Moore , 231-852-4700 LIGHTHOUSE REALTY-Ludington , 231-845-7500.

Property Type

Residential
Lot/Acreage
0.22

Year Built

1900

County

Mason

 School District

Ludington

Listing ID

26048474

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Floor:Carpet,Vinyl
Basement:Full
Other:
  • ▪ Additional:Broadband, Master on Main
Water:Public

Exterior Features

Lot:Corner Lot,Level,Sidewalk
Roof:Asphalt
Others:
  • ▪ Additional:Balcony
Sewer:Public
Parking Features:Detached
Principal Interest
$1,176
Taxes
$690

Home Price

$529,000

Loan Details

30 yrs
%

Down Payment

20%
$105,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,175.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,175.56 $690.24 $0.00 $1,865.80
Yearly $14,106.67 $8,282.92 $0.00 $22,389.59
Total $423,200.00 $248,487.60 $0.00 $671,687.60

Today's Rates

30 Year

0%

20 Year

0%

15 Year

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Market insight data is pulled from the same city as the listing being viewed (Ludington, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.