218 Cottage Street, Cadillac, MI 49601
New Listing $575,000
Property Type: Multi Family Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $575,000 List Date: 8/05/2026 Last Modified: 8/05/2026
Overview
Description
Listing Details MLS# 26040780
Location Property Info
- County
- Wexford
- Street #
- 218
- Street Name
- Cottage
- Suffix
- Street
- State
- MI
- Zip Code
- 49601
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 14810
- Lot Acres
- 0.34
- Lot Dimensions
- 99 x 150
- Year Built
- 1900
- New Construction
- No
- Road Frontage
- 99
- Total # Units
- 3
- # of Diff Unit Floor Plans
- 3
- Total # Bldgs
- Yes
- Total Parking Spaces
- 6
- Waterfront
- No
- School District
- Cadillac
- Basement
- No
Tax Info
- Tax ID #
- 10-050-00-013-00
- Taxable Value
- 54560
- SEV
- 67400
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 3426
- Tax Year
- 2025
- Spec Assessment & Ty
- n/a
- Zoning
- res.
- Homestead %
- 0
Remarks Misc
- Directions
- From downtown Cadillac take Business 131to Stimson Street go east 2 streets turn right on Simon Street house sits on the left. The other two properties please use GPS
Access Feat
- Accessibility Features
- No
More Information
Unit 1
- Unit #
- Yes
- Unit Description
- apartment
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit #
- 2
- Unit Description
- apartment
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit #
- 3
- Unit Description
- apartment
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- S. Mitchell St and S. Lake St.
- Property Sub-Type
- 2 to 4 Units
- Municipality
- Cadillac City
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- Exceptional investment opportunity featuring **three multifamily properties totaling 10 rental units**, with 9 of 10 units currently leased. These well-established, long-term rental properties are ideally located within three blocks of downtown Cadillac, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. The properties offer ample off-street parking, solid rental history, and easy management due to their close proximity to one another. Whether you're looking to expand your portfolio or step into multifamily investing, this package presents a rare opportunity to acquire income-producing assets in one of Cadillac's most desirable rental locations.
- Legal
- LOTS 6 & 7, BLK B COBBS & MITCHELLS ADD CITY OF CADILLAC
Lot Description
- Level
- Yes
- Sidewalk
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- Cable Available
- Yes
- High Speed Internet
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Land Contract
- Yes
- Tax Def Exchange
- Yes
Mineral Rights
- No
- Yes
Exterior Material
- Aluminum Siding
- Yes
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Tenant Pays
- Trash
- Yes
Substructure
- Crawl Space
- Yes
Owner Pays
- Electricity
- Yes
- Sewer
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Exterior Material: Aluminum Siding; Vinyl Siding Roofing: Composition Substructure: Crawl Space Lot Description: Level; Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; High Speed Internet Owner Pays: Electricity; Sewer; Water Tenant Pays: Trash Heat Source: Natural Gas Heat Type: Forced Air Street Type: Paved; Public Mineral Rights: No Terms Available: Cash; Land Contract; Tax Def Exchange Possession: Close Of Escrow Sale Conditions: None
Listing Office: Coldwell Banker Schmidt Cadillac
Listing Agent: Michael McGuire
Last Updated: August - 05 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
