For sale

615 Maple Street
Cadillac, MI 49601

$199,900

Lot
0.17 acres
Year built
1895
Property type
E
County
Wexford
Subdivision
Cadillac
MLS #
1948835
Days on market
96

About this home

Excellent investment opportunity! This well-maintained duplex offers two spacious 2-bedroom units in a prime corner-lot location at Maple and Evart, just blocks from Franklin Elementary school and the Hospital District. Its desirable location makes it an attractive option for long-term tenants and future medical professionals seeking convenient housing. Unit 1 features 2 bedrooms, 1.5 bathrooms, and shared access to a partial basement with laundry hookups, and its own detached one-stall garage. Unit 2 offers 2 bedrooms, 1 full bathroom, dedicated off-street parking, a private backyard, and shared basement laundry hookups. The property is served by a shared natural gas radiant heating system, while each unit has its own separate hot water heater. Seller pays for Trash, City Water/Sewer (approx. 75/mo) and Natural gas (approx 100/mo). Lawn maintenance and snowplowing/removal is the tenants responsiblity. This property has a strong rental history with reliable, long-term tenants—one occupying their unit for approximately 10 years and the other for 4 years—demonstrating the desirability and stability of this investment. Additional updates include a newer roof (within the past 5 years) and updated mechanical systems within the last 10 years. Come check out this nice investment property to either start or add to your Investment Portfolio.