$149,900 Price Analysis 628 E Garfield StCadillac, MI 49601 Unknown bed None bath 1,671 SqFt ($89/SqFt) 7,841SqFt lot. Built 1915 Listed 2024-06-14, Taxes $3,431 | ✓ USDA Eligible near Cadillac, MI |
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 exceptional walkability to downtown Cadillac's vibrant business district and is a short distance from the attractive Lake Cadillac.
Don't miss out on this chance t o own a multi-family home in a thriving community, where convenience and incme 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
Presented by Jaimie Fellows-Garno at
City2shore Real Estate Northern Michigan.
Property MLS #1923538 from NGLRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $unknown + $unknown $57,000 | $3,431 |
2022 | $unknown + $unknown $51,900 | $3,292 |
2021 | $unknown + $unknown $50,000 | $3,206 |
2020 | $unknown + $unknown $42,000 | $1,568 |
2019 | $unknown + $unknown $40,600 | $1,542 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.