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$575,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 72026040780
Year Built 1900
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type MultiFamily
Property Description
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
Location
State MI
County Wexford
Area Area83162Cadillac
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Foundation CrawlSpace
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cadillac
Others
Acceptable Financing Cash, Contract, Trade1031Exchange
Listing Terms Cash, Contract, Trade1031Exchange
Special Listing Condition Standard
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Listed by Michael McGuire of Coldwell Banker Schmidt Cadillac
NEARBY SCHOOLS & PROPERTIES
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