628 E Garfield Street, Cadillac, MI 49601

Description

Discover a fantastic investment opportunity in the heart of downtown Cadillac! This multi-family home is a prime addition to your portfolio with its impressive rental history and ideal location. Extensively renovated over the years, this property boasts turn-key apartments requiring minimal upkeep, making it an easy and profitable investment. Perfect for both investors and homeowners, this property offers the unique opportunity to live in one unit while generating cash flow from the other. Its prime location offers great walkability to downtown Cadillac's vibrant business district and is just a short distance from the beautiful Lake Cadillac. Don't miss out on this chance to own a multi-family home in a thriving community, where convenience and income potential come together seamlessly. Schedule your showing today and step into a smart investment for your future! Lower unit has new lease in place through May 31, 2025,Rent is $850 + utilities -tenant pays electric -Heat, Water, Garbage is spit 70% lower 2bd unit and 30% for upper -Upper unit has a month to month tenant in place -Rent is $800/mo + utilities -tenant pays electric Tenant has given notice they are leaving on July 10, 2024

Directions

South on US HWY 131 exit 180. West on E Division St. North on N Carmel St. West on E Garfield St. Property is on the left.