725 N Lake Street, Cadillac, MI 49601
725 N Lake Street, Cadillac, MI 49601
725 N Lake Street, Cadillac, MI 49601
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Listed by  REO-Cadillac-233028
$219,900
Est. payment /mo
3 Baths
2,270 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,270 sqft

Price per Sqft $96

MLS Listing ID 1948772

Year Built 1910

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.

Location

State MI

Rooms

Basement Full

Interior

Interior Features None, Cable TV, High Speed Internet

Heating Forced Air, Natural Gas

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range

Exterior

Exterior Feature Sidewalk

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story Two

Sewer Public Sewer

Water Public


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Kyle O'Grady

Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

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