Triplex with New
New
For Sale
$219,900
725 N Lake St, Cadillac, MI 49601
Three distinct apartments include a main-level residence with basement access.
Property SizeContact for details
Days on Market6
Property Features for 725 N Lake St
General Information
Standard status
Active
Property subtype
Residential Income
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,725
Listing Agency:
REO-Cadillac-233028
(231) 878-8777
Listed By:
Michelle R Maidens · License #6506045786
(231) 878-8777
Source:
Exprealty
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 4 at 3:56AM
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 REO-Cadillac-233028
Investment Insights
Based on property information with market context.
This three-unit residential property includes two upper-level one-bedroom, one-bath apartments and a main-floor two-bedroom, one-bath apartment. The main-floor residence provides basement access, adding functional space to that unit. A new furnace installed in 2024 is among the property’s recent improvements, and the property has been privately managed with rental history.
Located at 725 N Lake St in Cadillac, the property is within walking distance of downtown restaurants, shopping, parks, and entertainment. It is also adjacent to the Clam River Walkway, providing direct proximity to a scenic outdoor amenity. The three-apartment configuration offers a clearly defined multifamily layout with varied unit sizes.
Located at 725 N Lake St in Cadillac, the property is within walking distance of downtown restaurants, shopping, parks, and entertainment. It is also adjacent to the Clam River Walkway, providing direct proximity to a scenic outdoor amenity. The three-apartment configuration offers a clearly defined multifamily layout with varied unit sizes.
Key Highlights
- Three‑unit property with two 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment
- New furnace installed in 2024
- Main‑floor apartment includes basement access
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
661
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?
Triplex - Three distinct apartments include a main-level residence with basement access.
Where is this triplex located?
The property is located at 725 N Lake St Cadillac, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Three‑unit property with two 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment; New furnace installed in 2024; Main‑floor apartment includes basement access
