725 N Lake Street Cadillac, MI $ 219,900
725 N Lake Street
$ 219,900
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725 N Lake Street

Cadillac, MI, 49601
$ 219,900
Baths3.0 Sq 2,270

Monthly Estimate*

$ 1,388

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Studio

Multi-Family Home for sale in Cadillac, MI

for $219,900 with 3 full baths. This 2,270 square foot home was built in 1910 on a lot size of 0.28.

Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.

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Multi-Family Active

Price

$ 219,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,725

Style

Lot Size

0.28

Year Built

1910

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

1948772

Features
Interior
Interior Amenities None High Speed Internet Cable TV
Basement Full
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Subject To Tenant Rights
Roof Asphalt
Appliances Refrigerator Oven/Range
Construction Materials Frame Vinyl Siding
Pets Allowed false
Year Built 1910
Stories Count 2
Township Cadillac
Levels Two
Property Subtype Multi Family
Tax Year 2024
Waterfront Features River
Community Features None
Accessibility None
Assoc Fee Paid Per Annually
County Wexford
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name City of Cadillac
Garage Y/N N
Other Structures None
Rent Includes Other
Status New
Directions Mitchell St west on River south on Lake.
City Cadillac
High School District Cadillac Area Public Schools
Zoning Description Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 12196.8
Carport Y/N N
Tax Annual Amount 1725
Home Warranty Y/N N
Ok to Lease Other
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cadillac Area Public Schools
Elementary School District Cadillac Area Public Schools
Tax Assessed Value 27980
Total Actual Rent 2570
Ownership Type Private Owner
Leasehold Rent $/Mo 725
Lease Amount Frequency Annually
Legal Description See Associated Docs
Freehold IDX
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Exterior
Exterior Amenities Sidewalk
Parking Features None
Water Source Public
Lot Size Area 0.28
Number of Buildings 1
Spa N
Lot Size Acres 0.28
Road Surface Type Concrete
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Reo-Cadillac-233028

Broker

Home: 231-878-8777

Contact

Affordability Calculator

$1,532
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,388
Monthly Property Taxes
$144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2034357 Elementary School
2034358 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2026$219,900 Listed Price

Map


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725 N Lake Street, Cadillac, MI, 49601 is a Multi-Family Home for sale at $219,900 with 2,270 sqft and a lot size of 0.28. 725 N Lake Street is a studio with 3.0 baths and was built in 1910. The property's zip code is 49601 which is in Cadillac, MI