6444 E M-115 Active Save Request In-Person Tour Request Virtual Tour
Cadillac,MI 49601
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,399 sqft
Price per Sqft $123
Subdivision Mi
MLS Listing ID 1929487
Lot Size 2.880 Acres
Acres 2.88
Lot Dimensions Irregular
Property Sub-Type Multi-Family
Property Description
Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and 1-3bedroom. There is a private well that services all the units, they each have sewer and natural gas. The 50x80 pole barn has 16' sidewalls, 14', and a 12' overhead door. The pole barn and the 3-bedroom unit are currently occupied by one of the owners as they maintain the premises. A new owner could easily rent these out for an additional monthly income. There is also room to grow the establishment with an open area to the north that offers an open view of Lake Cadillac, buyer to verify their own information with zoning, township, city etc. Beaches, parks, camping, dining options, golfing, and so much more are all within walking distance of the property. This property must be shown by appointment only.
Location
State MI
County Wexford
Rooms
Basement Partial,Block,Slab,Entrance Outside
Interior
Interior Features None
Heating Forced Air,Baseboard,Wall
Cooling Forced Air,Baseboard,Wall
Exterior
Exterior Feature None
Roof Type Asphalt
Road Frontage Public Maintained,Concrete
Building
Water Shared Well
Structure Type Vinyl Siding,Full Log,Wood
Schools
School District Cadillac Area Public Schools
Others
Tax ID 2109-LKG-01A (+1)
Ownership Corporate Owned