411 S Simon Street 1, Cadillac, MI 49601

About this property

Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.

Property details

MLS #

26042024

Status

Active

Property type

Multi Family

Sub type

2 to 4 Units

County

Wexford

Township

Cadillac City

Year built

1900

Lot size

0.14 ac

Waterfront

No

Interior

Heating

Forced Air

Basement

Full

Exterior

Construction

Aluminum Siding, Vinyl Siding

Lot and water

Lot size

6,098 sq ft

Lot features

Sidewalk

Road surface

Paved

Zoning

res.

Utilities

Water source

Public Water

Utilities

Natural Gas Connected, Electricity Connected, Cable Available

Taxes

Annual taxes

$3,999

Tax year

2025

Schools

School district

Cadillac

More

New construction

No

Directions

From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simon Street, house sits on the left. For the other two properties please use GPS.