Three Multifamily Properties Totaling 10 Rental Units

For Sale

218 Cottage Street, 314 E Pine Street, 411 S Simons Street, Cadillac, MI 49601

This Cadillac property for sale is located at 218 Cottage Street, 314 E Pine Street, 411 S Simons Street. The current listed sale price for Three Multifamily Properties Totaling 10 Rental Units is $575,000. Three Multifamily Properties Totaling 10 Rental Units is situated on a lot that is 0.42 acre in size.

Contacts

Mike McGuire

Schmidt Realtors

Property Details

  • Property Type Multi-Family
  • Property Size 13,700 SF
  • Units 10
  • Lot Size 0.42 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jul 16, 2026
Located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities.Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 8 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
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Highlights

  • 8/10 Units Currently Leased
  • Easy management due to their close proximity to one another
  • Immediate Cash Flow, Income-Producing Asset
  • Located within three blocks of downtown Cadillac
  • Solid Rental History

Attachments

Getting around

  • 74/100

    Walk Score ®

  • 64/100

    Bike Score ®

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Location

  • City Cadillac, MI
  • Zip Code 49601

Points of Interest

  • Admiral

    0.14 miles

  • Marathon

    0.22 miles

  • Shell

    0.24 miles

  • Mobil

    0.61 miles

  • Speedway

    0.86 miles

  • Wesco

    2.02 miles

  • Murphy USA

    2.62 miles

  • Cadillac Supercharger

    2.66 miles

  • Cadillac Pathway

    1.91 miles

  • Cadillac - South Carpool Lot

    2.63 miles

  • MDOT Public Carpool Parking - Cadillac - North

    2.75 miles

  • Cadillac Pathway Trailhead

    4.11 miles

  • car parking

    4.16 miles

  • truck parking

    4.18 miles

  • Missaukee Junction Trailhead

    4.67 miles

  • Long Lake Trail Parking

    6.91 miles

  • Comfort Inn

    0.64 miles

  • Holiday Inn

    1.13 miles

  • Econo Lodge

    2.71 miles

  • Days Inn by Wyndham Cadillac

    2.80 miles

  • Family Fare

    0.11 miles

  • Willow Mercantile

    0.17 miles

  • Save-A-Lot

    0.93 miles

  • Meijer

    2.63 miles

  • ALDI

    2.63 miles

  • TJ Maxx

    2.73 miles

  • Walmart Supercenter

    2.75 miles

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