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314 E PineCadillac City, MI 49601

COBSS & MITCHELLS ADDITION · Wexford County

$575,000List price
1900Year built
0.14Acre lot
3 months agoOn market

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
Lot size
0.14 acres
Lot dimensions
59 x 100 others simila
Days on market
98
MLS® Listing#
78080070414

Property Features

Appliances
Oven · Refrigerator · Range
Cooling
None
Heating
Forced Air · Natural Gas
Basement
Concrete
Patio
Patio
Construction
Aluminum Siding
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$13,607
Assessed value
$190,206
Parcel number
100820020300seeremarks
Michigan Regional Information Center logo

Listing Courtesy: Coldwell Banker Schmidt-Cadillac - 2317751737

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