Furnished Two-Unit
For Sale
$438,000
Pending
706 W Loomis Street, Ludington, MI 49431
Furnished duplex with established daily, weekly, and monthly rental use.
Property Size8,276 SF
Days on Market822
Property Features for 706 W Loomis Street
General Information
Standard status
Pending
Size
8,276 SF
Property subtype
Multi Family
Additional Details
Furnished
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,818
Building Details
Year Built
1910
Listing Agency:
Homewaters, LLC
(877) 820-1194
Listed By:
Sean McDonald · License #6â00B5â00B0â00B1Ã
(231) 510-2072
Source:
Exitrealty
Added: Jun 4, 2024
Changed: Aug 31
Last Checked: Aug 31 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homewaters, LLC
Investment Insights
Based on property information with market context.
Built in 1910, this two-unit duplex is currently furnished and operating as a rental property. Both units are grandfathered by the city for daily, weekly, or monthly rentals, providing flexibility for continued rental operation. The porch and soffits have been repaired, and the property is booked for the remainder of Summer 2025.
Located at 706 W Loomis Street, the property offers views of the Municipal Marina and sits two blocks from the beach and downtown Ludington. The existing furnishings and active reservations provide an established operating setup for an owner continuing the current rental use.
Located at 706 W Loomis Street, the property offers views of the Municipal Marina and sits two blocks from the beach and downtown Ludington. The existing furnishings and active reservations provide an established operating setup for an owner continuing the current rental use.
Key Highlights
- Two‑unit duplex built in 1910
- Furnished units currently used as rentals
- Grandfathered by the city for daily, weekly, and monthly rentals
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 49431, MI
17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Furnished duplex with established daily, weekly, and monthly rental use.
Where is this duplex located?
The property is located at 706 W Loomis Street Ludington, MI.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1910; Furnished units currently used as rentals; Grandfathered by the city for daily, weekly, and monthly rentals
