MLS # 25041102 (Michigan Regional Information Center (MichRIC))

Investment Opportunity. 14.6 acres with Multiple Rental Units & Pole Barn This versatile income-producing property features two residential buildings with a total of five rental units (with potential for a sixth) plus a large pole barn, all situated on 14.6 acres in a prime central location. Building 1 offers two spacious 4-bedroom, 2-bath units, each with walkout lower levels and laundry areas. Building 2 includes four units--three completed 2-bedroom, 1-bath units and one undeveloped unit ready for your vision. Each unit is separately metered, allowing tenants to pay their own utilities. One well and one septic system for all units, ensuring low maintenance costs and operational efficiency. With steady rental income from leases already in place, this property is perfect for
Source: SparkMLS
Currently offered at $500,000.
Property tax estimate: $3,892 per year ($324/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 280 Mbps from 5 providers. Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
X85SPLIT 80 PT 034 010 00 NEW 80 SPLIT 1991PARCEL 1 - PART OF NW 1/4 OF NE 1/4 DESCAS COMM S 89 DEG 02'E 527 FT ALG N LINE OF SEC FROM N 1/4 COR, TH S 89 DEG 02'E 820.82 FT ALG N LINE OF SEC TO E 1/16 LINE, TH N 89 DEG 02'W 264 FT, TH N 00 DEG 24'19'W 330 FT, TH N 89 DEG 02'W 567.25 FT, TH N 00 DEG 30'E 660 FT TO POB. SEC 34 T19N R17W 14.5 A M/L E APT HOUSE-1893 W SUGAR GROVE RD
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Debby Stevenson
Greenridge Realty S Rath
View SEV, Taxable Value, and uncapping difference for this parcel — Mason County public records.
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
280 Mbps
Upload
30 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1907 W Sugar Grove Rd, Ludington, MI 49431
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