Amazing downtown Cadillac investment opportunity! LOCATION! This multi-family home is within walking distance to Lake Cadillac as well as the downtown area. Each side is spacious offering an upstairs and basement. The property boasts a great opportunity for investors or those who wish to live in one unit and generate income from another. Each unit features convenient walk through living space on both the main level and upstairs with nicely re-done flooring on the main floor. Each side also has its own covered porch area for grilling, gardening, and enjoying time outside! Schedule your showing today and capitalize on this fantastic opportunity! Each Unit is 3bed/1.5bath
Recently updated side by side Duplex property with a convenient location that offers easy access to Cadillac and the surrounding areas. Spacious and private wooded setting that tenants or a future owner occupant will truly enjoy. Both units offer 3 beds, 2 full baths expansive kitchen and two living room areas. Many recent updates completed in both units which include new vinyl plank flooring throughout, freshly painted interior, bathroom fixture updates, all new appliances in one unit and washer/dryer in place for each unit as well. There is also an oversized private one car garage and a private backyard deck for each unit. All utilities are metered separately and are paid for by the tenants. Great income property or for an owner occupied rental option. Assumable VA mortgage is place for VA qualified buyers.
Attention investors here is a great opportunity. While the exterior needs updating the interior has already been done. This duplex with each unit having 2 bedrooms and 1 bath was almost completely updated in 2017/2018 and brings in $1550 a month minus utilities. Seller may consider land contract.
3 high-income-producing properties are being sold as one package, looking to jump into Passive income properties, or an existing landlord looking to add to your portfolio come check these three out. 10 doors total all are centrally located to downtown Cadillac and near schools, the library, and downtown. All the units are currently rented on a month-to-month basis. The 3 properties addresses are 314 Pine Street, 218 Cottage Street, and 411 Simon Street all in Cadillac, MI.
The median home value in Cadillac, MI is $154,700. This is lower than the county median home value of $167,200. The national median home value is $338,100. The average price of homes sold in Cadillac, MI is $154,700. Approximately 55.65% of Cadillac homes are owned, compared to 33.32% rented, while 11.03% are vacant. Cadillac real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cadillac real estate agent to arrange a tour today!
Cadillac, Michigan 49601 has a population of 10,317. Cadillac 49601 is less family-centric than the surrounding county with 26.77% of the households containing married families with children. The county average for households married with children is 27.5%.
The median household income in Cadillac, Michigan 49601 is $42,026. The median household income for the surrounding county is $54,114 compared to the national median of $69,021. The median age of people living in Cadillac 49601 is 39.7 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 33.5 inches per year, with 69.2 inches of snow per year.