Excellent investment opportunity! This well-maintained duplex offers two spacious 2-bedroom units in a prime corner-lot location at Maple and Evart, just blocks from Franklin Elementary school and the Hospital District. Its desirable location makes it an attractive option for long-term tenants and future medical professionals seeking convenient housing. Unit 1 features 2 bedrooms, 1.5 bathrooms, and shared access to a partial basement with laundry hookups, and its own detached one-stall garage. Unit 2 offers 2 bedrooms, 1 full bathroom, dedicated off-street parking, a private backyard, and shared basement laundry hookups. The property is served by a shared natural gas radiant heating system, while each unit has its own separate hot water heater. Seller pays for Trash, City Water/Sewer (approx. 75/mo) and Natural gas (approx 100/mo). Lawn maintenance and snowplowing/removal is the tenants responsiblity. This property has a strong rental history with reliable, long-term tenantsâ"one occupying their unit for approximately 10 years and the other for 4 yearsâ"demonstrating the desirability and stability of this investment. Additional updates include a newer roof (within the past 5 years) and updated mechanical systems within the last 10 years. Come check out this nice investment property to either start or add to your Investment Portfolio.
| MLS # | 80071879 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 55 |
| Listing Provided By | REMAX Central | Lindy Benson |
| SQ Feet | 1,112 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.17 |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Other |
| Heating Yes / No | Yes |
| Heating | Baseboard, Other-See Remarks |
| Appliances | Range/Oven, Refrigerator |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Parking Features | Garage |
| List Aor | Aspire North REALTORS |
|---|
| State | MI |
|---|---|
| County | Wexford |
| City | Cadillac |
| Zip Code | 49601 |
| Area | Cadillac (83019) |
| Community Name | City Of Cadillac |
| Listing VS Median (in City Of Cadillac) | |
Price: $199,900 low | high Med: $199,900 sqft: 1,112 low | high Med: 1,112 $ / sqft: $180 low | high Med: $180 On site: 55 low | high Med: 55 | |
| State | MI |
|---|---|
| County | Wexford |
| City | Cadillac |
| Zip Code | 49601 |
| Area | Cadillac (83019) |
| Community Name | City Of Cadillac |
| Listing VS Median (in City Of Cadillac) | |
Price: $199,900 low | high Med: $199,900 sqft: 1,112 low | high Med: 1,112 $ / sqft: $180 low | high Med: $180 On site: 55 low | high Med: 55 | |