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34271577
34271580

3 Locations For Sale

Coldwell Banker Commercial Schmidt, Realtors Cadillac
Listed by Coldwell Banker Commercial Schmidt, Realtors Cadillac
$575,000
7 days on market
Updated 3 days ago
Opportunity zone

Three Multifamily Properties Totaling 10 Rental Units

Details
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 13,700
Units 10
Occupancy 90%
Tenancy Multi
Price per SqFt $42
Buildings 3
Acreage 0.420
Zoning RM-2
Investment Type Core
Sale Condition 1031 exchange

218 Cottage St, Cadillac, MI 49601

Marketing description

Exceptional investment opportunity featuring three multifamily properties totaling 10 rental units, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.

Located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities.


Investment highlights

  • 9/10 Units Currently Leased
  • Immediate Cash Flow, Income-Producing Asset
  • Located within three blocks of downtown Cadillac
  • Solid Rental History
  • Easy management due to their close proximity to one another

Listing Contacts

Coldwell Banker Commercial Schmidt, Realtors Cadillac
Listed by Coldwell Banker Commercial Schmidt, Realtors Cadillac

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