314 E PineCadillac, MI 49601
COBSS & MITCHELLS ADDITION · Wexford County
Description
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS # 1947288 and 1947339 for information on the two additional homes.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1900
- Stories
- 2
- Living area
- 6,100 Sq Ft
- Lot size
- 0.14 acres
- Lot dimensions
- 59 x 100 others simila
- Days on market
- 30
- MLS® Listing#
- 1947340
Property Features
- Interior
- Other
- Appliances
- Refrigerator
- Heating
- Forced Air · Natural Gas
- Fireplace
- None
- Parking
- None
- Patio
- Patio
- Construction
- Frame · Aluminum Siding · Vinyl Siding
- Roof
- Asphalt
- Other structures
- None
- Community
- None
- Utilities
- Cable Connected
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- Yes
- Annual taxes
- $13,607Tax year 2025
- Assessed value
- $190,206
- Parcel number
- 100820020300 see remarks
Directions
From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simons Street house sits on the left. The other two properties please use GPS
Listing Courtesy: Coldwell Banker Schmidt-Cadillac
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