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United Country Midwest Lifestyle Properties
michigancrm@midwestlifestyleproperties.com +1(888) 819-6344$499,900
Est. payment /mo
2,958 SqFt
UPDATED:
09/25/2024 05:24 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,958 sqft
Price per Sqft $168
Municipality Slagle Twp
Subdivision Slagle Twp
MLS Listing ID 20240054094
Originating Board Realcomp
Year Built 1962
Lot Size 4.200 Acres
Acres 4.2
Lot Dimensions 438x484x485x446
Property Description
Discover the perfect investment opportunity at 7048 W 38 Cadillac, nestled on nearly 5 acres! This property boasts a fully occupied 2 story 6-unit building, 4 units at 825 and 2 units at 750 in monthly rent , alongside a charming 2 story 2-bedroom, 1.5-bath home leased at 1350 plus utilities. The standalone home features a modern kitchen with stainless steel appliances, a spacious dining area, a luxurious primary bedroom with ensuite, convenient first-floor laundry, and an upstairs loft with a second bedroom. With a detached 2-stall garage, an approximate 1.3 acre paved parking lot, and ample space for expansion - whether for additional units, storage facilities, or guest amenities - this property promises versatility. Positioned near several trails, ski resorts, golf courses, and water sports, it's an ideal hub for short-term rental tourism. Financials are available upon signing an NDA. BTVAI
Location
State MI
County Wexford
Zoning Commercial
Direction W 38 / Caberfae Rd
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
Waterfront No
View Y/N No
Building
Foundation Block
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
Others
Tax ID 2212354403
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Listed by KW Professionals