4 months on rocket

806 Ludington St, Escanaba, MI, 49829

$137,000

Home List Price

$1,627*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
4,320 SqFt
$32/SqFt
Multi

Location

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806 Ludington St, Escanaba$137,000

Buyer Closing Credits

$1,627*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking2 Spaces
Year Built1910
HeatingForced Air
CoolingCeiling Fan(s)
BasementYes
WaterfrontNone
ViewNone
MLS #50148785
Lot Size0.08 Acres
StatusActive

About 806 Ludington St

Investment Opportunity in Prime Location! Attention investors! Here’s a fantastic chance to secure a steady income with a long-term tenant in place. The storefront has been rented for 32 years on a month-to-month basis and offers reception area, offices, bathroom, and basement access for storage. Storefront tenants pay their own utilities. Additionally, the 2 upstairs apartments each feature a living room, kitchen, two bedrooms, a full bath, separate entrances, and laundry facilities. The upper front apartment has been renovated and available for rent starting 11/1/24. Ample parking is available in the rear. New Roof in 2021. New Windows and Door on Facade in 2022. Also listed under MLS #50148780. Don’t miss out on this lucrative investment opportunity! Building being sold "AS-IS".

Property Details

Property Features

Property Information:

  • Architectural Style: Block
  • Year Built: 1910
  • Stories: 2
  • Living Area: 4,320 SqFt

Listing Office:

  • Office Name: KEY REALTY DELTA COUNTY LLC
  • Office Phone: (906) 233-7455
  • Listing Agent: KATHLEEN SULLIVAN

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None

Parking Information:

  • Parking: 2 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)

School Info

School District Information:

  • School District: Escanaba Area Public Schools

Other

Directions Information:

  • Directions: 806 Ludington St, Escanaba

Price Information

Listing Price Info

Price Summary:

  • List Price: $137,000
  • Price Per SqFt: $32/SqFt
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Housing Market Comparison

See how this home compares to others in Escanaba, MI.

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Escanaba, MI

City

Med. Sold Price

$145K

Med. Price/SqFt

$111

Avg. Days On Market

35

# of Sold Homes

15

806 Ludington St vs Escanaba

127 DAYS ON ROCKET

+92 Days

$137,000

-$8K Less

$32/SqFt

-$80 Less

KEY TAKEAWAY

This property is $8K less than the Median Sold Price and $80/SqFt less than other homes in Escanaba, MI.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: Upper Peninsula Assoc of Realtors
  • MLS Number: #50148785

Listing Office:

  • Office Name: KEY REALTY DELTA COUNTY LLC
  • Office Phone: (906) 233-7455
  • Listing Agent: KATHLEEN SULLIVAN

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $42,700
2020 - $37,500
2019 - $36,500
2018 - $34,300
2017 - $34,931

History based on county public records data.

Payment Calculator

$751

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$477

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-321178
5
/10

  • Escanaba Upper Elementary School

  • 1500 Ludington St

  • 0.60 miles

  • Public District Grades 3-5

school-card-donut-321179
5
/10

  • James T Jones Elementary School

  • 400 S 10th St

  • 6.90 miles

  • Public District Grades 3-5

school-card-donut-321180
7
/10

  • Bark Riverharris Elementary School

  • Hwy US 2 41

  • 14.24 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,325. Most Escanaba, MI residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Delta County›Escanaba›49829›806 Ludington St

This home is located at 806 Ludington St in Escanaba, MI and zip code 49829. This 4,320 square foot home, which was built in 1910, sits on a 0.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $137,000.

Escanaba, MI housing market in October 2024 saw over 5 listings sold above listed price, more than 7 sold at listed price and over 3 sold below. The inventory of homes for sale in Escanaba, MI between September 2024 and October 2024 increased by 14.3%. In October 2024 median list price was $145,000 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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