Cadillac, MI 49601,1102 Chestnut Street
Cadillac, MI 49601,1102 Chestnut Street
Cadillac, MI 49601,1102 Chestnut Street
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$299,000
Est. payment /mo
1,263 SqFt
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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

Acres 0.16

Lot Dimensions 132x54

Property Sub-Type Apartment

Source Aspire North REALTORS®

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

Rooms

Basement Daylight, Partially Finished, Walk-Out Access

Interior

Interior Features Egress Window(s)

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Porch Porch

Garage no

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Apartment

Schools

School District Cadillac

Others

Pets Allowed Yes

Tax ID 100750001400

Ownership Private Owned

Acceptable Financing Cash, FHA, Trade/Exchange

Listing Terms Cash, FHA, Trade/Exchange

Financing Cash,FHA,Trade/Exchange


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Realcomp MLS
Listed by KJ Sayer of The Mitten Real Estate Group

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agent

Elizabeth Talley

Executive Assistant

+1(248) 563-9449

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1102 Chestnut Street