1102 Chestnut Street Active Save Request In-Person Tour Request Virtual Tour
Cadillac,MI 49601
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 1,263 sqft
Price per Sqft $236
Subdivision Lake View Add City Of Cadillac
MLS Listing ID 78080059383
Style Apartment
Year Built 1920
Lot Size 6,969 Sqft
Property Sub-Type Apartment
Property Description
Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,450/month + coin laundry income. Unit 1 is a spacious 3BR/1BA with basement & garage (1,263 sq ft). Units 2â€"4 include two 2BR units and one 1BR, ranging from 356â€"719 sq ft. All units have private entrances, separate kitchens, and full baths. Average monthly utility cost over the last 12 months is ~$500 (owner-paid). Vinyl siding, architectural shingles, and off-street parking. Corner lot location near Lake Cadillac, dining, and parks. City water/sewer, natural gas, great rental history. Don’t miss this opportunity to own a low-maintenance, income-producing asset in a high-demand area. One member of 1102 chestnut LLC is a licensed real estate agent in the State of Michigan.
Location
State MI
County Wexford
Area Cadillac
Zoning Multi-Family,Residential
Interior
Heating Forced Air
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Cadillac
Others
Acceptable Financing Cash,FHA,Trade/Exchange
Listing Terms Cash,FHA,Trade/Exchange