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Kyle O'Grady

kyle@ogradyteam.com +1(231) 499-9999

Listed by City2Shore Real Estate Northern Michigan

$265,000

Est. payment - /mo

2 Baths

1,700 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,700 sqft

Price per Sqft $155

MLS Listing ID 1945941

Year Built 2003

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Multi Family

Property Description

This income-producing duplex presents an exceptional opportunity for investors or owner-occupants seeking dependable income and long-term value. With a proven rental history and strong occupancy record, this property offers the flexibility to live in one unit while the other helps offset your mortgage—or continue collecting income from both units. Currently generating $1,800 per month in rental income, this property has had the same reliable tenants throughout the current ownership, known for paying on time and taking excellent care of the property. The bi-level duplex features two 2-bedroom, 1-bath units, each offering a comfortable layout with a living room and kitchen. Included are two washers, two dryers, two stoves, two refrigerators, and two dishwashers, making this a turnkey investment opportunity. All appliances have been consistently maintained and replaced as needed, reflecting the care given to the property over the years. Outdoor amenities add to the appeal with back decks ideal for grilling and relaxing, a new patio area, and recent landscaping improvements to enhance curb appeal. Seller updates also include freshly painted exterior doors, re-stained front and back decks, and a new hot water heater. The property offers ample parking with convenient access to both units, along with a backyard area to enjoy the peaceful surroundings. Located in a quiet country setting just minutes from Cadillac's North End, this property combines privacy and convenience. Tenants pay heat, electric, and internet, while landlord expenses are limited to taxes, insurance, and trash service, providing strong income potential from day one.

Location

State MI

Interior

Interior Features Storage, Breakfast Nook, Entrance Foyer, Drywall, Other, Ceiling Fan(s), Cable TV, High Speed Internet

Heating Baseboard, Wall Furnace, Natural Gas

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, All Units the Same, Exhaust Fan, Electric Water Heater

Exterior

Exterior Feature Rain Gutters

Community Features None

Waterfront Description Private

Roof Type Asphalt

Garage false

Building

Story Bi-Level

Foundation Wood

Sewer Private Sewer

Water Private

Others

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Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

2897 S 39 Road Cadillac, MI 49601

Kyle O'Grady

Key Details

Location

Interior

Exterior

Building

Others

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