Courtesy of Coldwell Banker Schmidt Cadillac, Michael McGuire

218 Cottage Street, Cadillac, Michigan, 49601

$575,000
0.34 Acres
5 bd
#26040780
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.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected
  • Water Source : Public
  • Sewer : Public Sewer
  • Community Features : Sidewalks
  • Parking Total: 6
  • Zoning Description : res.
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Crawl Space
PROPERTY DETAILS
ID: 26040780
Status: Active
Price: $575,000
Acres: 0.34 Acres
Price Per Acre: $1,691,176
Type: Multi-family
Address: 218 Cottage Street
City, State: Cadillac, Michigan
County: Wexford
Zip Code: 49601
Lat/Long: 44.244265, -85.398725
Presented By: Michael McGuire
Phone:
Email: Click to Contact