About 6444 E M-115
Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and 1-3bedroom. There is a private well that services all the units, they each have sewer and natural gas. The 50x80 pole barn has 16’ sidewalls, 14’, and a 12’ overhead door. The pole barn and the 3-bedroom unit are currently occupied by one of the owners as they maintain the premises. A new owner could easily rent these out for an additional monthly income. There is also room to grow the establishment with an open area to the north that offers an open view of Lake Cadillac, buyer to verify their own information with zoning, township, city etc. Beaches, parks, camping, dining options, golfing, and so much more are all within walking distance of the property. This property must be shown by appointment only.
Features of 6444 E M-115
| MLS® # | 1929487 |
|---|---|
| Price | $665,000 |
| Square Footage | 5,400 |
| Acres | 2.88 |
| Year Built | 1971 |
| Type | Multi-Family |
| Sub-Type | Ranch, Cottage |
| Status | Active |
Community Information
| Address | 6444 E M-115 |
|---|---|
| Subdivision | Lakeview Apartments of Cad |
| City | Cadillac |
| County | Wexford |
| Province | Michigan |
| Postal Code | 49601 |
Amenities
| Utilities | WATER: Shared Well SEWER: Municipal |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | Water View |
| Has Pool | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | Refrigerator, Oven/Range |
| Heating | Natural Gas, Multiple Units, Wall, Forced Air, Baseboard |
| Fireplace | No |
| Fireplaces | None |
| Has Basement | Yes |
| Basement | Partial, Block, Slab, Entrance Outside |
Exterior
| Exterior | Full Log, Wood, Vinyl Siding |
|---|---|
| Exterior Features | None |
| Lot Description | Irregular |
| Roof | Asphalt |
| Construction | Frame, Full Log |
School Information
| District | Cadillac Area Public Schools |
|---|
Additional Information
| Date Listed | December 5th, 2024 |
|---|---|
| Days on Market | 191 |
| Zoning | Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REO-Cadillac-233028 |
|---|