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.
Details
| MLS # | 80071815 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 71 |
| Listing Provided By | REO-Cadillac-233028 | Michelle Maidens |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Zoning | Multi-Family |
| Acreage | 0.28 |
| Water Front | Yes |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
| Appliances | Range/Oven, Refrigerator |
Exterior
| Exterior Features | Sidewalks |
|---|---|
| Foundation Details | Basement |
Other
| List Aor | Aspire North REALTORS |
|---|
Taxes
| Property | 1725 |
|---|
Area Information
| 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: $219,900 low | high Med: $199,900 On site: 71 low | high Med: 69 | |
Market Activity 49601
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Learn More About This Property
| 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: $219,900 low | high Med: $199,900 On site: 71 low | high Med: 69 | |
