411 S Simons Street, Cadillac, MI 49601

$575,000
1,500
SqFt

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List Price
$575,000
Days on Market
32
Status
ACTIVE
MLS#
1947288
Living Area
1,500
Lot Size (Acres)
0.14
Year Built
1900

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. See MLS# 1947339 and 1947340 for information on the additional two homes.

Additional Information

Building Name
G.A. Mitchell Plat
Taxes
$10,671
Stories
2
Interior Features
Other, Cable TV
Amenities
None
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
School District
Cadillac Area Public Schools

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy of Coldwell Banker Schmidt-Cadillac. 231-775-1737