About This Home

This 0-bedroom, 3-bathroom multi-family at 725 N Lake Street in Cadillac, MI is listed for $219,900 ($97 per sqft). Built in 1910, the home offers 2,270 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1910
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
3 full
1910
Listing Description

Excellent investment opportunity in the heart of Cadillac! This well-maintained triplex offers a strong rental history and has been privately managed, making it an ideal addition to any investment portfolio. The property features three separate units, including two upper-level 1-bedroom, 1-bath apartments and a spacious main-floor 2-bedroom, 1-bath apartment with convenient basement access.

A new furnace installed in 2024 provides added value and peace of mind. Ideally located within walking distance of downtown Cadillac's restaurants, shopping, parks, and entertainment, the property is also adjacent to the scenic Clam River Walkway, offering tenants easy access to one of the city's most enjoyable outdoor amenities. Whether you're looking to expand your rental portfolio or begin investing in income-producing real estate, this well-positioned property is one you won't want to miss.

Monthly Cost Estimate

$1,176/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

725 N Lake Street

Cadillac, MI 49601

Features & Amenities

Exterior Features

Sidewalk

Property Details

Construction

Frame

Appliances

RefrigeratorOven/Range

Questions & Answers

This 0-bedroom, 3-bathroom multi-family at 725 N Lake Street is listed at $219,900 ($97/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.28 acre lot, 2 stories. Exterior Features: Sidewalk.

This property is listed by Michelle Maidens.

MM

Michelle Maidens

Agent at Real Estate One

Listed by Real Estate One · Broker phone: (248) 304-6700 · View on Broker Site · Broker website

MLS# 1948772· Source: Northern Great Lakes Realtors MLS· 93 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

725 N Lake Street, Cadillac, MI 49601

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