Please stand by!
USDAProperties.com is running hot! 🔥 🔥 🔥...

 

 

 

$149,900   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
628 E Garfield St
Cadillac, MI 49601
Unknown bed None bath 1,671 SqFt ($89/SqFt)
7,841SqFt lot. Built 1915
Listed 2024-06-14, Taxes $3,292
USDA Eligible
near Hobart, MI
 

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 extraordinary walkability to downtown Cadillac's vibrant business district and is a short distance from the pretty Lake Cadillac.

Don't miss out on this chance to own a multi-family home in a thriving community, where convenience and ncome potential come together seamlessly. Schedule your showing today and step into a smart investment for your future. Lower unit has n ew 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.
Listing Agent Photo

Property MLS #1923538 from NGLRMLS

Foyer Entrance

Refrigerator
Oven/Range
Washer
Dryer

Heating Fuel: Natural Gas
Forced Air

Basement Description: Partial, Entrance Inside

Sidewalk
Covered Porch
Roads: Blacktop

Lot Size Acres: 0.18
Lot Size Dimensions: 50x159
Lot Size Square Feet: 7841

Garage Spaces: 1
Garage Description: One Car, Attached

Number of Units In Community: 2
Number of Units: 2

School District: Cadillac Area Public Schools

Franklin Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Cadillac Junior High School is a public middle school located approximately 1.2 miles away.
directions icon Map directions

Cadillac Senior High School is a public high school located approximately 1.2 miles away.
directions icon Map directions

Northview Sda Christian School is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Source Listing Status: Active
County: Wexford
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.
Source Property Type: Multi-Family
Township: Cadillac
Zoning: Residential
Property Subtype: Duplex (2 Story)
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
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

Listed 2024-06-14
$149,900
NGLRMLS
Sold 2020-09-17
$85,000
NGLRMLS

Total Square Feet Living: 1671
Year Built: 1915
Building Exterior Type: Wood
Construction Materials: Frame
Property Age: 109
Roof: Metal
House Style: Duplex

Sewer: Municipal
Television: Cable TV, Cable Internet
Water Source: Municipal
Click Thumbnail Images To View Full Size
house_viewyardbathroombathroombathroom
unknownunknownunknownunknownunknown
unknownunknownunknownunknownbathroom
unknownunknownunknownunknownunknown
kitchenkitchenbathroomunknownunknown
laundry_roomunknownunknownunknownunknown
laundry_roomlaundry_roomlaundry_roomlaundry_roomunknown
unknownbathroombathroom

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.