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Sandi Smith

Trillium Real Estate

[email protected] +1(734) 216-6414

$ 575,000

Est. payment -/mo

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411 S Simon Street #1 Cadillac, MI 49601

6,098 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Cadillac City

MLS Listing ID 26042024

Year Built 1900

Annual Tax Amount $3,999

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 59 x 100

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property 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.

Location

State MI

County Wexford

Direction From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simon Street, house sits on the left. For the other two properties please use GPS.

Rooms

Basement Full

Interior

Heating Forced Air

Exterior

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Other

Street Surface Paved

Total Parking Spaces 6

Building

Lot Description Sidewalk

Structure Type Aluminum Siding,Vinyl Siding

New Construction No

Schools

School District Cadillac

Others

Tax ID 10-082-00-203-00

Acceptable Financing Cash, Contract, Tax Def Exchange

Listing Terms Cash, Contract, Tax Def Exchange

Listed by Coldwell Banker Schmidt Cadillac