725 N Lake ST, Cadillac, MI 49601
725 N Lake ST, Cadillac, MI 49601
725 N Lake ST, Cadillac, MI 49601
725 N Lake ST, Cadillac, MI 49601
725 N Lake ST, Cadillac, MI 49601
725 N Lake ST, Cadillac, MI 49601
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$ 219,900
Est. payment | /mo

0.28 Acres Lot


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$ 219,900
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Subdivision City Of Cadillac

MLS Listing ID 78080071815

Year Built 1910

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type MultiFamily

Property Description

Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.

Location

State MI

County Wexford

Area Area83162Cadillac

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Waterfront Description RiverFront

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Cadillac

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Realcomp MLS
Listed by Michelle R Maidens of REO-Cadillac-233028

Nearby Locations

Nick Sage

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 240-4901

nicksage74@gmail.com

8195 S Saginaw St, Grand Blanc, MI, 48439-1885, USA

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725 N Lake ST