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
Baths0.0

Monthly Estimate*

$ 1,388

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Studio

Multi-Family Home for sale in Cadillac, MI

for $219,900. This 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

Property Type

Multi-Family

Taxes

$ 1,725

Style

Lot Size

0.28

Year Built

1910

Town/City

Cadillac

County/Region

Wexford

MLS | Web ID

80071815

Features
General
Heating Forced Air
Possession Subject To Tenant Rights
Water Public Water
Appliances Range/Oven Refrigerator
Status Active Active
Year Built 1910
Subdivision City of Cadillac MI
County Wexford
Class MULTIFAMILY
Type Multi-Family
Ownership Private
Municipality Cadillac
Section 4
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Utilities Cable Available
Structure Style 2 Story
Area Cadillac (83019)
Primary City Cadillac
Directions Mitchell St west on River south on Lake.
City Cadillac
School District Cadillac Area Public Schools
Financial Terms Cash
Legal Description See Associated Docs
DOM 1
Postal Code 49601
Public Remarks Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed
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Interior
Basement Full
Total Number of Units 3
Fuel Type Natural Gas
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Exterior
Exterior Amenities Sidewalks
Lot Size Area 0.28
Lot Dimensions See Associated Docs
Water Features River Frontage
Waterfront Y/N No
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* Excluded Features
List By
Michelle Maidens

Listing Agent

Reo-Cadillac-233028

Broker

mmaidens@realestateone.com

Email

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
854773 Elementary School
854772 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 a lot size of 0.28. 725 N Lake Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 49601 which is in Cadillac, MI