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1102 Chestnut Street

Cadillac, MI 49601
  • $285,000
  • STATUS: Active Under Contract
  • ON SITE: 43 Days
  • MLS #: 1942746
Under Contract
UPDATED: 56 min ago
$285,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,929
    SQFT
  • $97
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:

Description

Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,000/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 $558 (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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-04-22T13:51:49.987.
www.housestraversecity.com/homes/173859052
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1102 Chestnut Street Cadillac, MI 49601

  • Price: $285,000
  • Status: Active Under Contract
  • On Site: 43 Days
  • Updated: 56 min ago
  • MLS #: 1942746
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,929
SQFT
$97
$/SQFT
1920
Built
Neighborhood:
Lake View Add City Of Cadillac
County:
Wexford
Area:
Wexford
School District:
Cadillac Area Public Schools
Property Description
Turnkey 4-unit investment property in Cadillac with strong in-place cash flow. Fully rented, bringing in $4,000/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 $558 (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.
Exterior Features

Architectural Style Apartment Carport YN No Construction Materials FrameMasonite Garage YN No Patio And Porch Features Porch Pool Private YN No Roof Asphalt Spa YN No View Seasonal View View YN Yes

Interior Features

AApx SQFT 1263 ABdrm 3 Above Grade Finished Area Units Square Feet Accessibility Features None ALiv Rm Yes Appliances RefrigeratorOven/RangeWasherDryer BApx SQFT 356 Basement FullWalk-Out AccessFinished RoomsEgress Windows BBdrm 1 Below Grade Finished Area Units Square Feet BKit Yes CApx SQFTCApx SQFT 591 CBdrm 2 CKit Yes DApx SQFT 719 DBdrm 2 DLiv Rm Yes Fireplace Features None Fireplace YN No Heating Forced AirNatural Gas Interior Features OtherCable TVHigh Speed Internet

Property Features

AOccupied Yes Association Fee Frequency Annually Business Incl Yes Community Features None Deeded Waterfront No ECOFeatures No Home Warranty YN No Horse YN No Inventory Incl Yes Lease Amount 1000 Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN Yes Lease Term Month To Month12 Months Listing Terms ConventionalCashFHA1031 Exchange Lot Features Landscaped New Construction YN No Open Parking YN No Other Structures None Ownership Type Private Owner Parking Features One Car Pets Allowed No Possession Subject To Tenant Rights Principal Residence No Property Attached YN Yes Property Sub Type Multi Family Real Estate Incl Yes Rent Includes Trash CollectionHeating/CoolingElectricityWaterSewer Road Responsibility Public Maintained Road Sewer Public Sewer Tax Assessed Value 108451 Tax Legal Description LOT 1BLK 327 LAKE VIEW ADDCITY OF CADILLAC & 1/2 VAC ALLEY L435 P919 Total Actual Rent 4000 Water Source Public Waterfront Features None Waterfront YN No Year Updated 2025 Zoning Description ResidentialMulti-Family

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of The Mitten Real Estate Group: 231-421-1970.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-04-22T13:51:49.987.
 
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