$130,000
$140,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
833 N Mitchell Cadillac, MI 49601
700 SqFt
Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $185
Subdivision Kramers Addition
MLS Listing ID 78001334900
Sold Date 03/01/23
Style Apartment
Originating Board Aspire North REALTORS®
Year Built 1940
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 50x175
Property Description
Great investment for new and experienced investors! Long-time renters, but please do not disturb. The basement and upstair units of this 2-Story triplex are open for viewing and updated in the last year to a clean gray-scale. The upstairs unit was updated 1/20/2023!! Opportunity to split utilities and increase NOI. Below market rents ripe for updating by the new owner. This property is located in a B3 general business district giving it options for multiple uses as zoning permits. Located within the busy downtown Cadillac area and close to all the amenities it has to offer! 5 small blocks to all of the downtown restaurants, novelty shops, Lake Cadillac, the city park & fountain!!
Location
State MI
County Wexford
Area Cadillac
Zoning Commercial,Multi-Family,Residential
Rooms
Basement Finished
Interior
Interior Features Security Alarm
Hot Water Electric, Natural Gas
Heating Baseboard, Forced Air
Cooling Window Unit(s)
Fireplace no
Heat Source Electric, Natural Gas
Exterior
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Apartment
Level or Stories 2 Story
Schools
School District Cadillac
Others
Pets Allowed Yes
Tax ID 100730000800
Ownership Private Owned
Acceptable Financing Cash, Trade/Exchange
Listing Terms Cash, Trade/Exchange
Financing Cash,Trade/Exchange
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Bought with The Mitten Real Estate Group