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$575,000
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Subdivision G.A. Mitchell Plat
MLS Listing ID 78080070365
Year Built 1900
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type MultiFamily
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.
Location
State MI
County Wexford
Area Area83162Cadillac
Rooms
Basement Concrete
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cadillac
Others
Acceptable Financing Cash, Contract, Trade1031Exchange
Listing Terms Cash, Contract, Trade1031Exchange
Special Listing Condition Standard
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Listed by Mike McGuire of Coldwell Banker Schmidt-Cadillac
NEARBY SCHOOLS & PROPERTIES
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