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Listed by Coldwell Banker Schmidt-Cadillac
$575,000
Est. payment /mo
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $383
MLS Listing ID 1947288
Year Built 1900
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
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. See MLS# 1947339 and 1947340 for information on the additional two homes.
Location
State MI
Interior
Interior Features Other, Cable TV
Heating Forced Air, Natural Gas
Fireplaces Type None
Fireplace false
Appliance Refrigerator, Oven/Range
Exterior
Community Features None
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Story Two
Foundation Poured Concrete
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456