Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,000/month + coin laundry income. Unit 1 is a spacious 3BR/1BA with basement & garage (1,263 sq ft). Units 2???4 include two 2BR units and one 1BR, ranging from 356???719 sq ft. All units have private entrances, separate kitchens, and full baths. Average monthly utility cost over the last 12 months is $558 (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.
Listed By
Agency Name: The Mitten Real Estate Group
Agency Phone: 231-421-1970
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 1,677.33 per month $1,594.21 Principal & Interest $0.00 Property Tax (data not provided by mls) $83.13 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
1102 Chestnut Street | MLS# 1942746
This multi-family property located at 1102 Chestnut Street, Cadillac, MI 49601 is currently listed for sale with an asking price of $285,000. Chestnut Street is located within the Cadillac Area Public Schools school district. Search Cadillac real estate on www.ikeyrealty.com today.