Turnkey Cadillac Investment Property

1102 Chestnut St, Cadillac, MI 49601

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For Sale

$285,000

Four-unit property with strong cash flow near Lake Cadillac.

Type:Investment

Property size:

1,263 SF

Price / SF:

$225/SF

HighLights

Turnkey 4‑unit investment property with strong in‑place cash flow.
Fully rented, generating $4,000/month + coin laundry income.
All units have private entrances, separate kitchens, and full baths.
Includes a spacious 3BR/1BA unit with basement & garage (1,263 sq ft).
Low‑maintenance with vinyl siding, architectural shingles, and off‑street parking.
Corner lot location near Lake Cadillac, dining, and parks.

We can help!

Listing Contact

KJ Sayer

Learn more

For Sale

$285,000

Four-unit property with strong cash flow near Lake Cadillac.

Type:Investment

Property size:

1,263 SF

Price / SF:

$225/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 8:32 pm

Property Features for 1102 Chestnut St

General Information

Standard status: Active
Size: 1,263 SF
Property subtype: Investment

Building Details

Year Built: 1920

We can help!

Listing Contact

KJ Sayer

Listing agent KJ Sayer License #6501429487

Listing office The Mitten Real Estate Group

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Mitten Real Estate Group

HighLights

Turnkey 4‑unit investment property with strong in‑place cash flow.
Fully rented, generating $4,000/month + coin laundry income.
All units have private entrances, separate kitchens, and full baths.
Includes a spacious 3BR/1BA unit with basement & garage (1,263 sq ft).
Low‑maintenance with vinyl siding, architectural shingles, and off‑street parking.
Corner lot location near Lake Cadillac, dining, and parks.

Overview

This turnkey four-unit investment property is located in Cadillac. The property is fully rented and generates $4,000 per month, plus income from coin laundry. Unit 1 is a 1,263-square-foot unit with three bedrooms, one bathroom, a basement, and a garage. Units 2 through 4 include two two-bedroom units and one one-bedroom unit, ranging from 356 to 719 square feet. All units feature private entrances, separate kitchens, and full baths. The average monthly utility cost is $558, paid by the owner. The property has vinyl siding, architectural shingles, and off-street parking. Situated on a corner lot, the property is near Lake Cadillac, dining options, and parks. It features city water and sewer services, natural gas, and a strong rental history. The bike score is 42, indicating it is somewhat bikeable, and the walk score is 20, indicating car dependence.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cadillac
County: Wexford
State: Michigan
Longitude: -85.423626
Latitude: 44.248992

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For sale
Quadplexes
MI
Cadillac
49601
1102 Chestnut St

What type of property is this?

Quadplex - Four-unit property with strong cash flow near Lake Cadillac.

Where is this quadplex located?

The property is located at 1102 Chestnut St Cadillac, MI.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: Turnkey 4‑unit investment property with strong in‑place cash flow.; Fully rented, generating $4,000/month + coin laundry income.; All units have private entrances, separate kitchens, and full baths.