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.
Property Type
MultifamilyCounty
WexfordStyle
RanchAD ID
48634816
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Property Details
-
Interior Features
Heating & Cooling
- Cooling: Wall Unit(s)
- Heating: Baseboard,Forced Air,Wall/Floor Furnace
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1971
- Total Units: 10
- Foundation/Basement: Slab,Basement
- Architecture: Ranch
Exterior Features
- Construction: Log,Wood
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Community
-
Property / Lot Details
Lot Information
- Lot Size: 2.88
- Dimensions: Irregular
Property Information
- Subdivision: Lakeview Apartments of Cad
- Financing: Cash
-
Listing Information
Listing Price Information
- Original List Price: $665,000
Listing Information
- Possession: Negotiable
- Legal Description: Long Legal See Associate Docs
-
Taxes / Assessments
Tax Information
- Annual Tax: $11,719
- Parcel Number: 2109-LKG-01A (+1)
Possession
- Negotiable
Legal Information
- Legal Description: Section: Long Legal See Associate Docs
-
School, Utilities & Location Details
Utility Information
- Water:Community
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 02/22/2025 @ 07:23
- MLS: 623218742
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 0 sqft, 3 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Cadillac , in zip code 49601, this Wexford County Multifamily , it is in the Lakeview Apartments of Cad Subdivision, are nearby neighborhoods.