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1102 Chestnut Street, Cadillac, MI 49601

$285,000
  • 1102 Chestnut Street, Cadillac, MI 49601 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1942746
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMI SCHOOLCadillac Area Public Schools

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walkout, Finished Rooms, Egress Windows
Home Style: Apartment, Apartment
Lot Size: 0.16 Acres
Roof Type: Asphalt
Year Built: 1920

Feature Descriptions

Appliance(s)/Equipment: Refrigerator, Oven/Range, Washer, Dryer
Construction: Frame
Days on Site: 3
Exterior: Seasonal View, Landscaped, Porch
Garage/Parking: One Car
Heating/Cooling: Forced Air
Heating/Cooling Source: Natural Gas
Lot Dimensions: 132x54
Outbuilding(s): Yes
Road: Public Maintained
Sewer: Municipal
Special View Info: Seasonal
Water: Municipal
Waterfront Type: No

Local Schools

School District: Cadillac Area Public Schools

Listed By / Shown By

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

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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 Insurance

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