1102 Chestnut Street Active

Cadillac,MI 49601

$ 299000

- Bed

- Bath

1263 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,263 sqft

Price per Sqft $236

Subdivision Mi

MLS Listing ID 80059383

Year Built 1920

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 132x54

Property Sub-Type Multi-Family

Property Description

Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,450/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 ~$500 (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.

Location

State MI

County Wexford

Area Cadillac (83019)

Zoning Multi-Family,Residential

Rooms

Basement Egress/Daylight Windows,Full,Partially Finished,Walk Out

Interior

Heating Forced Air

Appliance Dryer,Range/Oven,Refrigerator,Washer

Building

Foundation Basement

Water Public Water

Schools

School District Cadillac Area Public Schools

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Exchange/Trade,FHA

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