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Listed by Five Star Real Estate - Mitchell St Cadillac
$199,900
Est. payment /mo
2,314 SqFt
Active U/C Taking Backups
415 E Harris Street Cadillac, MI 49601
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active U/C Taking Backups
Purchase Type For Sale
Square Footage 2,314 sqft
Price per Sqft $86
MLS Listing ID 1944822
Style Apartment,Farm House
Year Built 1885
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Multi Family
Property Description
Excellent opportunity to own a recently updated, fully occupied, income-producing triplex in Cadillac's historic district, just blocks from downtown and Lake Cadillac. All three units are tenant-occupied with strong rental history and a current City of Cadillac rental certificate. The property includes two 1-bedroom units and one larger unit with 2 to 3 bedrooms. Potential for future increases. Tenants pay electric; landlord covers gas, water, sewer, trash, lawn, and snow. Off-street parking is available for six vehicles via alley access. Each unit has separate entry and privacy, with shared hallway access for Units 1 and 2. Appliances vary by unit; full list available upon request. Total gross monthly rent is $2,675 with room for increase in Unit 1. Unit 1 is a 1 bed/1 bath unit renting at $775/month (MSHDA, month-to-month). Unit 2 is a 1 bed/1 bath recently updated unit renting at $950/month with a lease through 4/30/26. Unit 3 is a large 2–3 bed/1 bath unit renting at $950/month with a lease through 6/30/26. Unit 3 has electrical in the possible 3rd bedroom space, but no heat. Buyer to verify feasibility for use. Rental is certified with the City of Cadillac—certificate valid through 9/23/2028. Unit 1 exclusions: 2 freezers, refrigerator, washer, and dryer. Unit 2: all appliances included. Unit 3: washer and dryer excluded. All other appliances in working order. Showings require 24–48 hours' notice and are limited to qualified buyers with proof of funds or pre-approval. Leases available upon request.
Location
State MI
Rooms
Basement Michigan Basement
Interior
Interior Features Walk-In Closet(s), Storage, Entrance Foyer, High Speed Internet
Heating Forced Air, Hot Water, Natural Gas
Fireplaces Type Other
Fireplace true
Appliance Refrigerator, Oven/Range
Exterior
Exterior Feature Sidewalk
Community Features None
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Story Two
Foundation Block, Stone
Sewer Public Sewer
Water Public
Architectural Style Apartment, Farm House
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