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Listed by Five Star Real Estate - Mitchell St Cadillac
$169,900
Est. payment /mo
2,712 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,712 sqft
Price per Sqft $62
MLS Listing ID 1941921
Year Built 1900
Lot Size 3.500 Acres
Acres 3.5
Property Sub-Type Multi Family
Property Description
Value-add redevelopment opportunity on a combined 3.54± acre site with frontage on Aldrich and Wright Streets. Property consists of two parcels and is zoned RM-1 Multiple-Family Residential per the City of Cadillac, with rezoning completed in 2025 in anticipation of apartment conversion of the existing building and potential future housing development on the vacant land. See Documents. RM-1 Multiple-Family Residential zoning allows construction of single-family homes, as well as duplex and multi-family residential uses. Single-family development is subject to R-3 residential standards. Buyer to verify unit count, development potential, and all zoning, site plan, and building requirements with the City.
Location
State MI
Interior
Interior Features Cathedral Ceiling(s), High Speed Internet
Heating Baseboard, Natural Gas
Fireplaces Type None
Fireplace false
Appliance Oven/Range
Exterior
Exterior Feature Sidewalk
Community Features None
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Story Two
Foundation Block
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456