6444 E M-115
Cadillac, MI 49601
- – beds
- – baths
- 5,400 sqft
- ~3 acre lot
- $123 per sqft
- – on site
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.
Listing courtesy of NGLRMLS / REO-Cadillac-233028, 231-468-3441
Last checked:
Checking…
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Last updated Dec 13, 2024
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MLS# 1929487 —
The Building
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Year Built:1971
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Construction:Frame, Full Log
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Style:Ranch, Cottage
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Roof:Asphalt
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Foundation:Partial, Block, Slab, Entrance Outside
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Exterior Features:None
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Exterior Finish:Vinyl Siding, Full Log, Wood
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:5400
Interior
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Interior Features:None
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Fireplace and Stoves:None
Financial & Terms
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Terms:Conventional Mortgage, Cash
Location
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Latitude:44.229899
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Longitude:-85.446368
The Property
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Principal Residence:no
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Property Type:Other
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Lot Dimensions:Irregular
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Acres:2.88
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Additional Buildings:Pole Building(s)
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Zoning:Commercial
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Deeded Waterfront:no
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Water Features:Water View
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Road:Public Maintained, Concrete
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Mineral Rights:Unknown
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Price Per SqFt:123.15
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 468-3441
Taxes
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Tax ID:2109-LKG-01A (+1)
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Summer Taxes:$6,659.36
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Winter Taxes:$5,059.24
Heating & Cooling
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Heating & Cooling:Natural Gas, Multiple Units
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Heating & Cooling:Forced Air, Baseboard, Wall
Utilities
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Water:Shared Well
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Sewer:Municipal
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TV/Internet:Cable TV, Cable Internet
Appliances
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Appliances:Refrigerator, Oven/Range
Schools
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School District:Cadillac Area Public Schools
The Community
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Subdivision:MI
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Development Amenities:Common Area
Parking
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Primary Garage:None
Extra Units
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Total # of Units:10
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/9/24
Dec 9, 2024
|
Accepting Backup Offers | NGLRMLS | $665,000 | |
12/5/24
Dec 5, 2024
|
Listed / Active | NGLRMLS | $665,000 |