218 Cottage Street, Cadillac, MI 49601

$575,000

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List Price
$575,000
Days on Market
46
MLS#
26040780
Status
ACTIVE
Type
Multifamily

Property 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.

Additional Information

Owner Pays
Electricity, Sewer, Water
Taxes
$3,426
Acres
0.34
Basement
Crawl Space
Heating
Forced Air
Roofing
Composition
School District
Cadillac
Tenant Pays
Trash Collection
Total Parking Spaces
6
Utilities
Natural Gas Connected, Electricity Connected, Cable Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Michael McGuire from Listing Office: Coldwell Banker Schmidt Cadillac.

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