This income-producing duplex presents an exceptional opportunity for investors or owner-occupants seeking dependable income and long-term value. With a proven rental history and strong occupancy record, this property offers the flexibility to live in one unit while the other helps offset your mortgageâ??or continue collecting income from both units. Currently generating $1,800 per month in rental income, this property has had the same reliable tenants throughout the current ownership, known for paying on time and taking excellent care of the property. The bi-level duplex features two 2-bedroom, 1-bath units, each offering a comfortable layout with a living room and kitchen. Included are two washers, two dryers, two stoves, two refrigerators, and two dishwashers, making this a turnkey investment opportunity. All appliances have been consistently maintained and replaced as needed, reflecting the care given to the property over the years. Outdoor amenities add to the appeal with back decks ideal for grilling and relaxing, a new patio area, and recent landscaping improvements to enhance curb appeal. Seller updates also include freshly painted exterior doors, re-stained front and back decks, and a new hot water heater. The property offers ample parking with convenient access to both units, along with a backyard area to enjoy the peaceful surroundings. Located in a quiet country setting just minutes from Cadillac's North End, this property combines privacy and convenience. Tenants pay heat, electric, and internet, while landlord expenses are limited to taxes, insurance, and trash service, providing strong income potential from day one.
Listed By
Agency Name: City2Shore Real Estate Northern Michigan
Agency Phone: 231-839-0077
Shown By
Agent Name: Diane Russell
Agent Phone: (734) 418-8116
Agency Title: Key Realty
Estimated Payment
$ 1,559.63 per month $1,482.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $77.29 Homeowner's Insurance
2897 39 Road S | MLS# 1945941
This multi-family property located at 2897 39 Road S, Cadillac, MI 49601 is currently listed for sale with an asking price of $265,000. 39 Road S is located within the Cadillac Area Public Schools school district. Search Cadillac real estate on www.dianerussell.rocks today.