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725 N Lake Street

Cadillac, Michigan 49601
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Bed 0

Bed

Bath 0

Bath

Acres0.28

Acre(Lot)

Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access. A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.

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Detail Ic Property Details

Property Type : Multifamily

Price : $219,900

AD Id : 88935924

MLS Id : 78080071815

Lot Size : 0.28 Acre

Year Built : 1910

County : Wexford

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Feature Features

  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1910 Building Stories: 2 Story Total Units: 3 Foundation/Basement: Basement
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.28 Lot Dimensions: See Associated Docs Waterfront Description: River Front
  • Property Information

    Subdivision: City of Cadillac Financing: Cash

  • Listing Price Information

    Original List Price: $219,900
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: See Associated Docs

  • Tax Information

    Annual Tax: $1,725 Parcel Number: 100410004100
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: See Associated Docs

  • School Information

    School District: Cadillac
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
430 E Bremer Street , Cadillac, MI, 49601 $198,500 -- -- 1,284 1,284 SqFt
218 S Cottage , Cadillac, MI, 49601 $575,000 -- -- --
122 E River Street , Cadillac, MI, 49601 $204,900 -- -- --
218 E River Street , Cadillac, MI, 49601 $169,900 -- -- 913 913 SqFt
314 E Pine , Cadillac, MI, 49601 $575,000 -- -- --
1148 S Mitchell Street , Cadillac, MI, 49601 $300,000 -- -- 667 667 SqFt
821 Cotey , Cadillac, MI, 49601 $153,500 -- -- 550 550 SqFt
411 S Simons Street , Cadillac, MI, 49601 $575,000 -- -- --
534 Aldrich Street , Cadillac, MI, 49601 $169,900 -- -- --
316 E Bremer Street , Cadillac, MI, 49601 $169,500 -- -- --
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 08/05/2026 @ 16:06

MLS: 78080071815 LISTED BY: Michelle R Maidens , REO-Cadillac-233028 231-468-3441 SOURCE: Realcomp II Ltd

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