$1,781 Closing Credit¹
#50164698, LORI RYMKOS, Listing Office: PREMIER REAL ESTATE, INC.
$137,000 List price
806 Ludington St Escanaba, MI 49829
$1,627
Closing credit¹
4 beds
2 full, 1 partial
4,320 sqft
0.08 acres
$32 / sqft
Multi-Family
Property details
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, to the same tenants, 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. Upper front apartment has been renovated and rented as of 12/1/24 for $750 per month. Upper rear apartment has been renovated and will be available for rent starting 2/1/25 for $700 per month. All tenants pay their own utilities. Parking is available in the rear. New Roof in 2021. New Windows and Door on Facade in 2022. Don't miss this opportunity to maximize your investment with upgraded, high-demand units! Building being sold "AS-IS".
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
(Keep Showing-Contgcy Appl)
(Keep Showing-Contgcy Appl)
CoolingCeiling Fan(s)
Size4,320 sqft
BasementYes
Lot size0.08 Acres
Year built1910
Parking2 Spaces
MLS #50148785
Summary
- MLS Number: 50148785
- MLS Name: Upper Peninsula Assoc of Realtors
- Office Name: KEY REALTY DELTA COUNTY LLC
- Office Phone: (906) 233-7455
- Office Email: jamie@keyrealtydeltacounty.com
- Listing Agent: KATHLEEN SULLIVAN
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
Copyright 2025 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: 2/21/2025, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$137,000
806 Ludington St
$1,627
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $42,200 | $2,285 |
| 2023 | $38,200 | $- |
| 2022 | $44,300 | $- |
| 2021 | $42,700 | $- |
| 2020 | $37,500 | $- |
| 2019 | $36,500 | $- |
| 2018 | $34,300 | $- |
| 2017 | $34,931 | $- |
History based on county public records data.
Nearby schools
5
Escanaba Upper Elementary School
Public District 3-5
0.6 mi
•1500 Ludington St
5
James T Jones Elementary School
Public District 3-5
6.9 mi
•400 S 10th St
7
Bark Riverharris Elementary School
Public District PK-6
14.2 mi
•Hwy US 2 41
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,325. Most Escanaba, MI residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
75%
<35k
21%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
11%
Single, with Kids
12%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Church's Chicken
Popeyes
What do the neighbors drive?
Buick
Cadillac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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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.
While more than 1 listings in Escanaba, MI in January 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below. The number of listings in Escanaba, MI decreased by 15.8% between December and January 2025. The median list price of listings available in January 2025 was $113,125, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.