710 W Ludington Avenue
Ludington, MI 49431

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Description

MOXIE is proud to present Mitten Flats for sale. This boutique hotel is conveniently located 2 block from Lake Michigan and within walking distance to downtown Ludington and features many high end amenities like an outdoor fire pit, hot tub, beach equipment, yard games and many renovated decks and seating areas. Comprised of 6 Airbnb units (1 house and 5 units), the high quality finishes allow a new owner to capitalize on an already stabilized, high-performing boutique hotel in a desirable location within walking distance to the beach. Tons of capital expenditures have been completed, this investment property is turnkey and has proven systems and vendors already in place allowing you to maximize cashflow and bookings immediately.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family
• Listing Status: Active
• County/Area: Mason County
• Zip Code: 49431
• Year Built: 1924
• School District: Ludington
• Units: 13 units
• # of Parking Spaces: 14
• Fireplace: 3
• Lot Size: 16801 sq ft lot
• Basement Type: No
• Construction Materials: Vinyl Siding, Wood Siding
• Cooling: Central Air, Wall Unit(s), Window Unit(s)
• Cross Street: N Park & W Ludington
• Driveway: Paved
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Size Area: 0.39
• Lot Size Square Feet: 16800
• Lot Size Units: Square Feet
• MLS Area Major: MasonOceanaManistee - O
• MLS Area Minor: MasonOceanaManistee - O
• Main Type: Multi Family
• Number Of Buildings: 3
• Number Of Diff Unit Floor Plans: 3
• Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
• Parcel Number: 051-105-216-00
• Parking Features: Paved
• Possession: Close Of Escrow
• Road Frontage: 260
• Road Surface Type: Paved
• Roof: Composition, Other
• SEV: 24470
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 11208
• Tax Year: 2025
• Terms Available: Cash, Conventional
• Township: Ludington
• Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Phone Available
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
• Water Source: Public
• Zoning Description: Commercial