Description
Turnkey 4-unit investment property in cadillac with strong in-place cash flow. fully rented, bringing in $4,450/month + coin laundry income. unit 1 is a spacious 3br/1ba with basement & garage (1,263 sq ft). units 2â€"4 include two 2br units and one 1br, ranging from 356â€"719 sq ft. all units have private entrances, separate kitchens, and full baths. average monthly utility cost over the last 12 months is ~$500 (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. don’t miss this opportunity to own a low-maintenance, income-producing asset in a high-demand area.
Property Type
MultifamilyCounty
WexfordStyle
ApartmentAD ID
50368982
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Property Details
-
Interior Features
Room Information
- Porches: Porch
Interior Features
- Egress Window(s)
- Basement Description: Daylight,Partially Finished,Walk-Out Access
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1920
- Total Units: 4
- Foundation/Basement: Basement
- Architecture: Apartment
Exterior Features
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.16
- Dimensions: 132x54
Property Information
- SQ ft: 1263
- Subdivision: Lake View Add City Of Cadillac
- Financing: Cash,FHA,Trade/Exchange
-
Listing Information
Listing Price Information
- Original List Price: $299,000
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: LOT 1, BLK 327 LAKE VIEW ADD, CITY OF CADILLAC & 1/2 VAC ALLEY L435 P919
-
Taxes / Assessments
Tax Information
- Parcel Number: 100750001400
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: LOT 1, BLK 327 LAKE VIEW ADD, CITY OF CADILLAC & 1/2 VAC ALLEY L435 P919
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 07/20/2025 @ 11:44
- MLS: 630002261
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 1,263 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.