6444 E M-115 Contingent Save Request In-Person Tour Request Virtual Tour
Cadillac,MI 49601
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80052905
Year Built 1971
Annual Tax Amount $11,718
Lot Size 2.880 Acres
Acres 2.88
Lot Dimensions Irregular
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
Area Clam Lake Twp (83005)
Zoning Commercial
Rooms
Basement Block,Outside Entrance,Partial
Interior
Heating Baseboard,Forced Air,Wall Heat
Cooling Wall/Window A/C
Appliance Range/Oven,Refrigerator
Exterior
Exterior Feature Log,Wood
Building
Foundation Slab
Water Community Well
Structure Type Log,Wood
Schools
School District Cadillac Area Public Schools
Others
Ownership Corporation
Energy Description Natural Gas
Financing Cash