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218 S Cottage

Cadillac, MI 49601
  • $575,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 1947339
UPDATED: 227 min ago
$575,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS # 1947288 and 1947340 for additional information on the other two homes.

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-15T23:48:27.657.
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218 S Cottage Cadillac, MI 49601

  • Price: $575,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 227 min ago
  • MLS #: 1947339
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1900
Built
Neighborhood:
Cobss & Mitchells Addition
County:
Wexford
Area:
Cadillac (83019)
School District:
Cadillac Area Public Schools
Property Description
Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations. See MLS # 1947288 and 1947340 for additional information on the other two homes.
Exterior Features

Exterior Construction Aluminum Exterior Features Patio Lot Size 59 x 100 others simila Structure Style 2 Story Water Features None Waterfront YN No

Interior Features

Appliances Range/OvenRefrigerator Basement Type Poured Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashExchange/TradeLand Contract For Sale Or Rent For Sale Lease Information Month-To-MonthElectric IncludedWater Included Municipality Cadillac Occupancy At Closing Ownership Private Property Type Multi-Family SEV 225000 Sev Year 2026 Sewer Septic Public Sanitary Summer Tax Amount 7700.52 Summer Tax Year 2025 Taxable Value 190206 Total Tax Amount 13607 Unit1 Occupied YN Yes Unit1 Rent Rate 2500 Unit2 Occupied YN Yes Unit2 Rent Rate 3250 Unit3 Occupied YN Yes Unit3 Rent Rate 3150 Water Public Water Winter Tax Amount 5900.82 Winter Tax Year 2025 Zoning Multi-FamilyResidential

Listing courtesy of Coldwell Banker Schmidt-Cadillac : 231-775-1737.

Source MLS: MiRealSource
Originating MLS: Aspire North REALTORS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-15T23:48:27.657.
 
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