This income-producing duplex presents an exceptional opportunity for investors or owner-occupants seeking dependable income and long-term value. With a proven rental history and strong occupancy record, this property offers the flexibility to live in one unit while the other helps offset your mortgageââ?¬â?or continue collecting income from both units. Currently generating $1,800 per month in rental income, this property has had the same reliable tenants throughout the current ownership, known for paying on time and taking excellent care of the property. The bi-level duplex features two 2-bedroom, 1-bath units, each offering a comfortable layout with a living room and kitchen. Included are two washers, two dryers, two stoves, two refrigerators, and two dishwashers, making this a turnkey investment opportunity. All appliances have been consistently maintained and replaced as needed, reflecting the care given to the property over the years. Outdoor amenities add to the appeal with back decks ideal for grilling and relaxing, a new patio area, and recent landscaping improvements to enhance curb appeal. Seller updates also include freshly painted exterior doors, re-stained front and back decks, and a new hot water heater. The property offers ample parking with convenient access to both units, along with a backyard area to enjoy the peaceful surroundings. Located in a quiet country setting just minutes from Cadillac's North End, this property combines privacy and convenience. Tenants pay heat, electric, and internet, while landlord expenses are limited to taxes, insurance, and trash service, providing strong income potential from day one.
2 unit property- each units has 2 bedrooms and 1 bath. Both units have long term tenants. Property has basement, nice size yard and a two car garage. Each unit has stove and refrigerator.
Excellent opportunity to own a recently updated, fully occupied, income-producing triplex in Cadillacââ?¬â?¢s historic district, just blocks from downtown and Lake Cadillac. All three units are tenant-occupied with strong rental history and a current City of Cadillac rental certificate. The property includes two 1-bedroom units and one larger unit with 2 to 3 bedrooms. Potential for future increases. Tenants pay electric; landlord covers gas, water, sewer, trash, lawn, and snow. Off-street parking is available for six vehicles via alley access. Each unit has separate entry and privacy, with shared hallway access for Units 1 and 2. Appliances vary by unit; full list available upon request. Total gross monthly rent is $2,675 with room for increase in Unit 1. Unit 1 is a 1 bed/1 bath unit renting at $775/month (MSHDA, month-to-month). Unit 2 is a 1 bed/1 bath recently updated unit renting at $950/month with a lease through 4/30/26. Unit 3 is a large 2ââ?¬â??3 bed/1 bath unit renting at $950/month with a lease through 6/30/26. Unit 3 has electrical in the possible 3rd bedroom space, but no heat. Buyer to verify feasibility for use. Rental is certified with the City of Cadillacââ?¬â?certificate valid through 9/23/2028. Unit 1 exclusions: 2 freezers, refrigerator, washer, and dryer. Unit 2: all appliances included. Unit 3: washer and dryer excluded. All other appliances in working order. Showings require 24ââ?¬â??48 hoursââ?¬â?¢ notice and are limited to qualified buyers with proof of funds or pre-approval. Leases available upon request.
Great investment property with a steady tenant of over 30 years in the upper unit. The lower unit is ready for your vision; move in or rent it the choice is yours. This property is conveniently located to all the amenities.
Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,000/month + coin laundry income. Unit 1 is a spacious 3BR/1BA with basement & garage (1,263 sq ft). Units 2ââ?¬â??4 include two 2BR units and one 1BR, ranging from 356ââ?¬â??719 sq ft. All units have private entrances, separate kitchens, and full baths. Average monthly utility cost over the last 12 months is $558 (owner-paid). Vinyl siding, architectural shingles, and off-street parking. Corner lot location near Lake Cadillac, dining, and parks. City water/sewer, natural gas, great rental history. Donââ?¬â?¢t miss this opportunity to own a low-maintenance, income-producing asset in a high-demand area. One member of 1102 chestnut LLC is a licensed real estate agent in the State of Michigan.
Value-add redevelopment opportunity on a combined 3.54�± acre site with frontage on Aldrich and Wright Streets. Property consists of two parcels and is zoned RM-1 Multiple-Family Residential per the City of Cadillac, with rezoning completed in 2025 in anticipation of apartment conversion of the existing building and potential future housing development on the vacant land. See Documents. RM-1 Multiple-Family Residential zoning allows construction of single-family homes, as well as duplex and multi-family residential uses. Single-family development is subject to R-3 residential standards. Buyer to verify unit count, development potential, and all zoning, site plan, and building requirements with the City.
This is a prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots, providing convenient space for multiple vehicle parking. The main-level unit offers 3 bedrooms and 1 bathroom, while the upper-level unit includes 2 bedrooms and 1 bathroom—a functional setup for long-term rental demand. Unit 1 is currently vacant. Unit 2 is rented for $950 a month, tenant pays for all utilities. A clean, updated, and centrally located property like this is hard to find. Ideal for investors or owner-occupants looking to offset housing costs.
This is a prime investment opportunity within walking distance to downtown Cadillac. This well-maintained duplex features two updated units (2024) and sits on two lots, providing convenient space for multiple vehicle parking. The main-level unit offers 3 bedrooms and 1 bathroom, while the upper-level unit includes 2 bedrooms and 1 bathroomââ?¬â?a functional setup for long-term rental demand. Unit 1 is currently vacant. Unit 2 is rented for $950 a month, tenant pays for all utilities. A clean, updated, and centrally located property like this is hard to find. Ideal for investors or owner-occupants looking to offset housing costs.
Seller financing available ââ?¬â?? rare opportunity! This impressive barndominium offers nearly 5,500 sq ft of finished living space on 15 acres with 2 pole barns and a heated/cooled 50x60 attached garage. Currently configured as a duplex, Suite A spans 3,230 sq ft with 5 bedrooms, 3 baths, and high-end finishes throughout, including luxury vinyl plank flooring and tile. The spacious living room boasts tall ceilings and a gas fireplace, whilethe large island kitchen features quartz countertops, updated appliances, a farmhouse sink, abundant cabinetry, and ample workspace.The primary suite offers a custom tile shower, dual sinks, and a walk-in closet. Suite B offers 2,261 sq ft with 3 bedrooms, 2 baths, an office, and a theater room. Outdoor amenities include a basketball court, volleyball court, garden, and a large covered patio with wiring for a hot tub. In addition to the attached garage, storage abounds with a 50x40 pole barn with 3 overhead doors and a 22x42 heated pull-through barn with water. Ideal for multigenerational living or living in one unit while renting the other to cover your mortgage, the property also held a special-use permit for a car dealership. Conveniently located minutes from North End shopping, downtown Cadillac, Lake Mitchell,Lake Cadillac, and US-131.
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.
