Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and 1-3bedroom. There is a private well that services all the units, they each have sewer and natural gas. The 50x80 pole barn has 16� sidewalls, 14�, and a 12� overhead door. The pole barn and the 3-bedroom unit are currently occupied by one of the owners as they maintain the premises. A new owner could easily rent these out for an additional monthly income. There is also room to grow the establishment with an open area to the north that offers an open view of Lake Cadillac, buyer to verify their own information with zoning, township, city etc. Beaches, parks, camping, dining options, golfing, and so much more are all within walking distance of the property. This property must be shown by appointment only.
Amazing downtown Cadillac investment opportunity! LOCATION! This multi-family home is within walking distance to Lake Cadillac as well as the downtown area. Each side is spacious offering an upstairs and basement. The property boasts a great opportunity for investors or those who wish to live in one unit and generate income from another. Each unit features convenient walk through living space on both the main level and upstairs with nicely re-done flooring on the main floor. Each side also has its own covered porch area for grilling, gardening, and enjoying time outside! Schedule your showing today and capitalize on this fantastic opportunity! Each Unit is 3bed/1.5bath
Attention Investors! Excellent rental property with 2 homes on the property. One home consists of 3 bedrooms, 1 bath, large usable basement, and 1 car garage. Home has newer furnace & hot water heater, ceramic tile and cabinets. Second home is a recently remodeled 1 bedroom 1 bath with partial basement and large shed for storage. Updates include newer roof, windows, ceramic tile,carpet, cabinets, countertops, bathroom fixtures, and insulation. Both have been great rentals for many years. You could even rent one and live in the other. Homes are situated on a nice large lot in the City of Cadillac.
Courtesy: REMAX Central
Marianne K Quist
231-920-8507
Attention investors here is a great opportunity. While the exterior needs updating the interior has already been done. This duplex with each unit having 2 bedrooms and 1 bath was almost completely updated in 2017/2018 and brings in $1550 a month minus utilities. Seller may consider land contract.
Courtesy: Coldwell Banker Schmidt-Cadillac
Mike McGuire
231-920-1571
3 high-income-producing properties are being sold as one package, looking to jump into Passive income properties, or an existing landlord looking to add to your portfolio come check these three out. 10 doors total all are centrally located to downtown Cadillac and near schools, the library, and downtown. All the units are currently rented on a month-to-month basis. The 3 properties addresses are 314 Pine Street, 218 Cottage Street, and 411 Simon Street all in Cadillac, MI.
Cadillac is located in Michigan. Cadillac, Michigan has a population of 10,317. Cadillac is less family-centric than the surrounding county with 23.27% of the households containing married families with children. The county average for households married with children is 27.5%.
The median household income in Cadillac, Michigan is $42,026. The median household income for the surrounding county is $54,114 compared to the national median of $69,021. The median age of people living in Cadillac is 39.7 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 33.5 inches per year, with 69.2 inches of snow per year.
