Properties for sale in Michigan

Location Property Info

County: Wexford
Street #: 411
Street Direction: S
Street Name: Simon
Suffix: Street
State: MI
Zip Code: 49601
Zip (4): 2278

General Property Info

Lot Measurement: Acres
Lot Square Footage: 6098
Lot Acres: 0.14
Lot Dimensions: 59 x 100
Year Built: 1900
New Construction: No
Financial Available: Yes
Road Frontage: 59
Total # Units: 4
# of Diff Unit Floor Plans: 4
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 1500
Total Parking Spaces: 6
Waterfront: No
School District: Cadillac
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 10-082-00-203-00
Taxable Value: 63697
SEV: 75600
For Tax Year: 2025
Seller's Annual Property Tax: 3999
Tax Year: 2025
Spec Assessment & Ty: n/a
Zoning: res.
Homestead %: 0

Remarks Misc

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.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: apartment
Bathrooms: 2
Full Baths: 2
Deck/Patio: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit Description: apartment
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 3

Unit Description: apartment
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Unit 4

Unit Description: apartment
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Unit #: Yes
Cross Streets: Stimson St.
Property Sub-Type: 2 to 4 Units
Municipality: Cadillac City
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 383.33

Remarks & Misc

Public Remarks: 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.
Legal: N 59 FT OF LOTS 1 & 2 BLK 22 G A MITCHELLS PLAT OF NW 1/4 SEC 3-21-9, CITY OF CADILLAC

Lot Description

Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
High Speed Internet: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Land Contract: Yes
Tax Def Exchange: Yes

Mineral Rights

No: Yes

Exterior Material

Aluminum Siding: Yes
Vinyl Siding: Yes

Roofing

Other: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

Gas: Yes

Substructure

Full: Yes

Owner Pays

Electricity: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Exterior Material: Aluminum Siding; Vinyl Siding Roofing: Other Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; High Speed Internet Owner Pays: Electricity; Sewer; Trash Collection; Water Tenant Pays: Gas Heat Source: Natural Gas Heat Type: Forced Air Street Type: Paved; Public Mineral Rights: No Terms Available: Cash; Land Contract; Tax Def Exchange Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Range Oven; Refrigerator Unit 2: Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator

411 S Simon Street 1, Cadillac, MI 49601

Overview

Description

Listing Details MLS# 26042024