10-Unit Multifamily
For Sale
$575,000
218 Cottage Street, Cadillac, MI 49601
Three nearby rental properties offer established housing assets with off-street parking and access to downtown amenities.
Property SizeContact for details
Days on Market24
Property Features for 218 Cottage Street
General Information
Standard status
Active
Property subtype
Multi Family
Occupancy
90%
Additional Details
Multifamily Units
10
Amenities
off-street parking
Building Details
Buildings
3
Listing Agency:
Coldwell Banker Schmidt Cadillac
(231) 775-1737
Listed By:
Michael McGuire · License #6501379230
(231) 920-1571
Source:
Brendaharrisgroup
Added: Aug 10
Changed: Aug 28
Last Checked: Aug 31 at 4:59PM
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 Coldwell Banker Schmidt Cadillac
Investment Insights
Based on property information with market context.
This multifamily package includes three separate properties containing 10 rental units in total. Nine units are currently leased, and the assets have operated as long-term rental properties. Off-street parking is available, while the properties’ close placement supports efficient oversight across the portfolio. The improvements date to 1900.
The properties are located within three blocks of downtown Cadillac, placing residents near shopping, dining, entertainment, and employment opportunities. Their proximity to one another and established rental history provide a consolidated multifamily offering in a residential setting.
The properties are located within three blocks of downtown Cadillac, placing residents near shopping, dining, entertainment, and employment opportunities. Their proximity to one another and established rental history provide a consolidated multifamily offering in a residential setting.
Key Highlights
- Three multifamily properties totaling 10 rental units
- 9 of 10 units currently leased
- Within three blocks of downtown Cadillac
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Explore this area
Business Placement
Demographics for 49601, MI
21,564
Population
10,734
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
220.0 sq mi
ZIP Area
98
Density / Sq Mi
$65,704
Median Household Income
$37,347
Median Earnings
$856
Median Rent
$166,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three nearby rental properties offer established housing assets with off-street parking and access to downtown amenities.
Where is this multifamily property located?
The property is located at 218 Cottage Street Cadillac, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three multifamily properties totaling 10 rental units; 9 of 10 units currently leased; Within three blocks of downtown Cadillac
