Heather Hosking - Arterra Realty Logo
$575,000
 $3,087 est/mo Sourced by Back At You

411 S Simon Street,Cadillac, MI 49601

Cadillac, MI 49601

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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.

Details

MLS #70551688
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site57
Listing Provided ByColdwell Banker Schmidt Cadillac | Michael McGuire

Features

SQ Feet1,500
BasementY
Units4
ZoningResidential
Acreage0.14

Interior

Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsAluminum Siding, Vinyl Siding
Foundation DetailsBasement
Lot FeaturesSidewalks

Other

List AorWest Central Association of REALTORS

Taxes

Property3999

Area Information

StateMI
CountyWexford
CityCadillac
Zip Code49601
AreaCadillac (83019)
Listing VS Median (in 49601)
Price:
$575,000
low | high
Med:
$275,000
100% of Average
sqft:
1,500
low | high
Med:
1,439
54.066666666667% of Average
$ / sqft:
$383
low | high
Med:
$195
99.029793983637% of Average
On site:
57
low | high
Med:
89.5
63.687150837989% of Average
Sourced by Back At You

Market Activity 49601

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Additional Information

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Contact

Learn More About This Property

Heather Hosking

Heather Hosking

Arterra

432975 (586) 489-7725heather.hosking@arterrarealty.com
StateMI
CountyWexford
CityCadillac
Zip Code49601
AreaCadillac (83019)
Listing VS Median (in 49601)
Price:
$575,000
low | high
Med:
$275,000
100% of Average
sqft:
1,500
low | high
Med:
1,439
54.066666666667% of Average
$ / sqft:
$383
low | high
Med:
$195
99.029793983637% of Average
On site:
57
low | high
Med:
89.5
63.687150837989% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $431K - $718K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
666 S Lake Street Property Photo 1
$439,900
666 S Lake Street
Cadillac, MI 49601
Listing Updated: September 29, 2026 at 4:48:45 AM PDT