10-Unit Multifamily
For Sale
$575,000
411 S Simon St #1, Cadillac, MI 49601
Three nearby rental properties provide off-street parking and access to downtown shopping, dining, entertainment, and employment.
Property SizeContact for details
Days on Market20
Property Features for 411 S Simon St #1
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
90%
Additional Details
Multifamily Units
10
Amenities
off-street parking
Building Details
Year Built
1900
Buildings
3
Listing Agency:
Michigan Whitetail Properties
(269) 248-5766
Listed By:
Janice Allen
(269) 248-5766
Source:
Michiganhomegirl
Added: Aug 13
Changed: Aug 31
Last Checked: Sep 1 at 6:45PM
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 Michigan Whitetail Properties
Investment Insights
Based on property information with market context.
This offering includes three multifamily properties containing 10 rental units, with 9 units leased at present. The buildings date to 1900 and are positioned close to one another, supporting centralized oversight across the package. Off-street parking is available at the properties, and the established rental history provides operating context for prospective buyers.
The assets are located at 411 S Simon St in Cadillac, within three blocks of downtown. Residents have access to nearby shopping, dining, entertainment, and employment destinations. The combined unit count and concentrated layout create a straightforward multifamily package for an investor seeking multiple rental units in a connected location.
The assets are located at 411 S Simon St in Cadillac, within three blocks of downtown. Residents have access to nearby shopping, dining, entertainment, and employment destinations. The combined unit count and concentrated layout create a straightforward multifamily package for an investor seeking multiple rental units in a connected location.
Key Highlights
- Three multifamily properties offered together
- 10 rental units across the package
- 9 of 10 units currently leased
Property Analytics
Current Use
Lease Details
10
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
861
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three nearby rental properties provide off-street parking and access to downtown shopping, dining, entertainment, and employment.
Where is this multifamily property located?
The property is located at 411 S Simon St #1 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 offered together; 10 rental units across the package; 9 of 10 units currently leased
