6444 E M-115, Cadillac, MI 49601 (MLS # 1929487)
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Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and 1-3bedroom. There is a private well that services all the units, they each have sewer and natural gas. The 50x80 pole barn has 16' sidewalls, 14', and a 12' overhead door. The pole barn and the 3-bedroom unit are currently occupied by one of the owners as they maintain the premises. A new owner could easily rent these out for an additional monthly income. There is also room to grow the establishment with an open area to the north that offers an open view of Lake Cadillac, buyer to verify their own information with zoning, township, city etc. Beaches, parks, camping, dining options, golfing, and so much more are all within walking distance of the property. This property must be shown by appointment only.
| DAYS ON MARKET | 22 | LAST UPDATED | 12/9/2024 |
|---|---|---|---|
| TRACT | Lakeview Apartments of Cad | YEAR BUILT | 1971 |
| COUNTY | Wexford | STATUS | Pending |
| PROPERTY TYPE(S) | Multi Family |
| School District | Cadillac Area Public Schools |
|---|
| ADDITIONAL DETAILS | |
| APPLIANCES | Oven, Range, Refrigerator |
|---|---|
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Frame, Log, Vinyl Siding, Wood Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Forced Air |
| LOT | 2.88 acre(s) |
| LOT DIMENSIONS | Irregular |
| PARKING | No Garage |
| STYLE | Cottage, Ranch |
| SUBDIVISION | Lakeview Apartments of Cad |
| TAXES | 11718.6 |
| UTILITIES | Cable Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Shared Well |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by REO-Cadillac-233028
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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Data last updated: 12/26/24 2:53 PM PST
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