218 E River Street Cadillac, MI ^$ 129,900

218 E River Street

^$ 129,900

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218 E River Street

Cadillac, MI, 49601

^$ 129,900

Studio Baths0.0 Sq 913

Monthly Estimate*

^$ 863

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Studio

Multi-Family Home for sale in Cadillac, MI

for $129,900. This 913 square foot home was built in 1890 on a lot size of 0.32.

Rental Investment Opportunity! Nice duplex located in the city of Cadillac. The main floor unit is 3 bed/1 bath, this unit has been just updated with new paint, the carpets were just cleaned and a new window in the main living area is to be installed prior to closing. The upstairs unit is 2 bed/1 bath, this tenant has been renting since 2021. There are 2 parcels, being sold together, equaling a total of .32 acres. There is a very spacious backyard and a significant amount of room for tenant parking. The property has been well maintained and taken care of through the years and sellers have had a long-term history with both units.

Multi-Family Active

Price

^$ 129,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,428

Style

Lot Size

0.32

Year Built

1890

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80016684

Features

General

Heating Wall Heat Forced Air

Cooling Wall/Window A/C

Possession Subject To Tenant Rights

Exterior Features Porch

Water Public Water

Appliances Range/Oven Refrigerator

Status Active Accepting Backup Offers

Year Built 1890

Subdivision City of Cadillac MI

County Wexford

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Clam Lake Twp

Section 33

Zoning Residential

Utilities Cable Available

Structure Style 2 Story

Area Clam Lake Twp (83005)

Primary City Cadillac

Directions Mitchell St East on River to home on right.

City Cadillac

School District Cadillac Area Public Schools

Street Name River

Financial Terms Cash

Legal Description House-10-085-00-043-00=LOT 11 BLK 47 G A MITCHELLS PLAT OF SE 1/4 SEC. 33-22-9 CITY OF CADILLAC Vacant Lot-10-085-00-042-00=LOT 10 BLK 47 G A MITCHELLS PLAT OF SE 1/4 SEC. 33-22-9 CITY OF CADILLAC

DOM 40

Postal Code 49601

Price Per Sq Ft Total 142.28

Coming Soon Rental Investment Opportunity! Nice duplex located in the city of Cadillac. The main floor unit is 3 bed/1 bath this unit has been just updated with new paint

Interior

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Lot Size Area 0.32

Lot Dimensions 96x144

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Michelle Maidens

Listing Agent

Reo-Cadillac-233028

Broker

mmaidens@realestateone.com

Affordability Calculator

$982

Per Month

Monthly Principal & Interest: $863
Monthly Property Taxes: $119
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cadillac, MI

Average List Price ^$352,450

Percent of Sale Price 171%

About Cadillac, MI

10,600 Population

4% Since 2002

^$37,248 Median Income

38.02 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

854773 Elementary School

854772 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$129,900		Listed Price

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218 E River Street, Cadillac, MI, 49601 is a Multi-Family Home for sale at $129,900 with 913 sqft and a lot size of 0.32. 218 E River Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 49601 which is in Cadillac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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218 E River Street

Multi-Family Home for sale in Cadillac, MI

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