725 N Lake Street, Cadillac, MI 49601
- $219,900
- 3
- BA
- 2,270
- SqFt
- List Price
- $219,900
- Days on Market
- 1
- Status
- NEW
- MLS#
- 1948772
- Bathrooms
- 3
- Living Area
- 2,270
- Lot Size (Acres)
- 0.28
- Year Built
- 1910
Property Description
Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.
/u.realgeeks.media/traverseareahomesearch/header.png)
Additional Information
- Building Name
- City Of Cadillac
- Taxes
- $1,725
- Stories
- 2
- Interior Features
- None, High Speed Internet, Cable TV
- Amenities
- None
- Exterior Features
- Sidewalk
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Sewer
- Public Sewer
- School District
- Cadillac Area Public Schools
Mortgage Calculator
Listing Courtesy of REO-Cadillac-233028. 231-468-3441