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628 E Garfield Street

Cadillac, MI 49601
  • $149,900
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 1923538
UPDATED: 176 min ago
$149,900
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,671
    SQFT
  • $90
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

School District:

Description

Discover a fantastic investment opportunity in the heart of downtown Cadillac! This multi-family home is a prime addition to your portfolio with its impressive rental history and ideal location. Extensively renovated over the years, this property boasts turn-key apartments requiring minimal upkeep, making it an easy and profitable investment. Perfect for both investors and homeowners, this property offers the unique opportunity to live in one unit while generating cash flow from the other. Its prime location offers great walkability to downtown Cadillac's vibrant business district and is just a short distance from the beautiful Lake Cadillac. Don't miss out on this chance to own a multi-family home in a thriving community, where convenience and income potential come together seamlessly. Schedule your showing today and step into a smart investment for your future! Lower unit has new lease in place through May 31, 2025,Rent is $850 + utilities -tenant pays electric -Heat, Water, Garbage is spit 70% lower 2bd unit and 30% for upper -Upper unit has a month to month tenant in place -Rent is $800/mo + utilities -tenant pays electric Tenant has given notice they are leaving on July 10, 2024

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-07-17T15:52:42.727.
www.housestraversecity.com/homes/151677258
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628 E Garfield Street Cadillac, MI 49601

  • Price: $149,900
  • Status: Active
  • On Site: 32 Days
  • Updated: 176 min ago
  • MLS #: 1923538
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1,671
SQFT
$90
$/SQFT
1915
Built
Neighborhood:
J Cummer & Sons Addition
County:
Wexford
Area:
Wexford
School District:
Cadillac Area Public Schools
Property Description
Discover a fantastic investment opportunity in the heart of downtown Cadillac! This multi-family home is a prime addition to your portfolio with its impressive rental history and ideal location. Extensively renovated over the years, this property boasts turn-key apartments requiring minimal upkeep, making it an easy and profitable investment. Perfect for both investors and homeowners, this property offers the unique opportunity to live in one unit while generating cash flow from the other. Its prime location offers great walkability to downtown Cadillac's vibrant business district and is just a short distance from the beautiful Lake Cadillac. Don't miss out on this chance to own a multi-family home in a thriving community, where convenience and income potential come together seamlessly. Schedule your showing today and step into a smart investment for your future! Lower unit has new lease in place through May 31, 2025,Rent is $850 + utilities -tenant pays electric -Heat, Water, Garbage is spit 70% lower 2bd unit and 30% for upper -Upper unit has a month to month tenant in place -Rent is $800/mo + utilities -tenant pays electric Tenant has given notice they are leaving on July 10, 2024
Exterior Features

Additional Buildings None Construction Frame Exterior Features SidewalkCovered Porch Exterior Finish Wood Lot Dimensions 50x159 Primary Garage One CarAttached Road Blacktop Roof Metal Water Features None

Interior Features

Appliances Equipment RefrigeratorOven/RangeWasherDryer Fireplace And Stoves None Foundation PartialEntrance Inside Heating Cooling Type Forced Air Interior Features Foyer Entrance

Property Features

Deeded Waterfront No Development Amenities None Documents On File Sellers DisclosureLBP Disclosure Heating Cooling Sources Natural Gas Included In Lease Other Lease Terms Other Listing Agreement Type Exclusive Right to Sell Mineral Rights Unknown Possession Subject to Tenants Right Property Type Duplex (2 Story) Section Number 3 Sewer Municipal Style Duplex Summer Taxes 2233.86 Terms Conventional MortgageCashFHA Township Cadillac Tv Service Internet Avail Cable InternetCable TV Type Of Ownership Private Owner Univs Design Barrier Free None Water Municipal Winter Taxes 1197.81 Zoning Use Restrictions Residential

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of City2Shore Real Estate Northern Michigan: 231-839-0077.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-07-17T15:52:42.727.
 
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