Consider this opportunity to take a permitted, 3 unit conversion property to it's full potential! This conversion has been designed and framed for a 3 unit apartment complex including two 4 bed/1.5 bath units and a 3 bed/1 bath unit. Situated on an oversized .26 acre lot located 5 blocks from Lake Michigan and 3 blocks to Downtown Ludington this rental property has so much potential! If looking to owner occupy and obtain rental income OR make this an exceptional rental property, the project is well underway. Timing is perfect for an indoor winter project with the shell wintered in and ready for the finish work. New roof, windows, framing, and insulation are accomplished. Exterior potential is great for ample parking, outdoor green spaces and even garages if desired. Come take a look!
For sale
Price cut: $30K (3/27)
$319,000
316 N Robert St, Ludington, MI 49431
11beds
5baths
4,027sqft
Est.:
2 to 4 Units
Built in 1930
-- sqft lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Ample parkingNew roofOutdoor green spaces
- 155 days
- on Zillow |
- 1,292 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 05:35am
Listed by:
Renee Malburg 231-233-5674,
Five Star Real Estate - Ludington 231-220-2555,
Megan Gunia 231-510-0254,
Five Star Real Estate - Ludington
Source: MichRIC,MLS#: 24060680

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total interior livable area: 4,027 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 0.26 Acres
- Dimensions: ~81 x 41
- Features: Level, Sidewalk
Details
- Parcel number: 05110501250
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Utilities for property: Phone Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Ludington
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $95,300
- Annual tax amount: $6,000
- Date on market: 1/8/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
- Loading
- Loading