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$665,000
Est. payment /mo
2.88 Acres Lot
UPDATED:
12/09/2024 08:53 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Clam Lake Twp
Subdivision Clam Lake Twp
MLS Listing ID 80052905
Originating Board MiRealSource
Year Built 1971
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
Location
State MI
County Wexford
Rooms
Basement Slab, Partial
Interior
Heating Baseboard, Forced Air, Wall Furnace
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Structure Type Block,Log,Wood Siding
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by REO-Cadillac-233028