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. See NGLR MLS # 1947288 and 1947339 for information on the two additional homes.
Details
| MLS # | 26042037 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 52 |
| Listing Provided By | Coldwell Banker Schmidt Cadillac | Michael McGuire |
Features
| Basement | Y |
|---|---|
| Units | 3 |
| Building(s) | 1 |
| Zoning | res |
| Acreage | 0.14 |
Taxes
| Property | 4204 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wexford |
| City | Cadillac |
| Zip Code | 49601 |
| School District | Cadillac |
| High School | Cadillac |
| Listing VS Median (in 49601) | |
Price: $575,000 low | high Med: $277,900 On site: 52 low | high Med: 56 | |
Market Activity 49601
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Learn More About This Property
| State | MI |
|---|---|
| County | Wexford |
| City | Cadillac |
| Zip Code | 49601 |
| School District | Cadillac |
| High School | Cadillac |
| Listing VS Median (in 49601) | |
Price: $575,000 low | high Med: $277,900 On site: 52 low | high Med: 56 | |
 | $575,000314 E Pine StreetCadillac, MI 49601 |
 | $575,000314 E PineCadillac, MI 49601 |