37
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$299,000
Est. payment /mo
1,263 SqFt
Active
1102 Chestnut Street Cadillac, MI 49601
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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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by The Mitten Real Estate Group