615 Maple Street, Cadillac, MI 49601

$199,900
3
BA

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List Price
$199,900
Days on Market
38
MLS#
1948835
Status
ACTIVE
Type
Multifamily
Bathrooms
3

Property Description

Excellent investment opportunity! This well-maintained duplex offers two spacious 2-bedroom units in a prime corner-lot location at Maple and Evart, just blocks from Franklin Elementary school and the Hospital District. Its desirable location makes it an attractive option for long-term tenants and future medical professionals seeking convenient housing. Unit 1 features 2 bedrooms, 1.5 bathrooms, and shared access to a partial basement with laundry hookups, and its own detached one-stall garage. Unit 2 offers 2 bedrooms, 1 full bathroom, dedicated off-street parking, a private backyard, and shared basement laundry hookups. The property is served by a shared natural gas radiant heating system, while each unit has its own separate hot water heater. Seller pays for Trash, City Water/Sewer (approx. 75/mo) and Natural gas (approx 100/mo). Lawn maintenance and snowplowing/removal is the tenants responsiblity. This property has a strong rental history with reliable, long-term tenants—one occupying their unit for approximately 10 years and the other for 4 years—demonstrating the desirability and stability of this investment. Additional updates include a newer roof (within the past 5 years) and updated mechanical systems within the last 10 years. Come check out this nice investment property to either start or add to your Investment Portfolio.

Additional Information

Acres
0.17
Basement
Michigan Basement
Heating
Baseboard
Sewer
Public
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lindy D Benson from Listing Office: REMAX Central.

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