Waste no time to check out this wonderful investment opportunity! Located just off M-115 as you are heading into Cadillac West, sits this 2.88-acre parcel with 10 rentals, a 50x80 pole barn, and Lake Cadillac views. Currently known as Lakeview Apartments of Cadillac, this establishment has been around for years. The 10 units vary in size, there are 6-studio cabins, 1-1bedroom, 2-2bedroom and 1-3bedroom. There is a private well that services all the units, they each have sewer and natural gas. The 50x80 pole barn has 16’ sidewalls, 14’, and a 12’ overhead door. The pole barn and the 3-bedroom unit are currently occupied by one of the owners as they maintain the premises. A new owner could easily rent these out for an additional monthly income. There is also room to grow the establishment with an open area to the north that offers an open view of Lake Cadillac, buyer to verify their own information with zoning, township, city etc. Beaches, parks, camping, dining options, golfing, and so much more are all within walking distance of the property. This property must be shown by appointment only.
Property Details
Property Features
Property Information:
Architectural Style: Ranch, Cottage
Year Built: 1971
Living Area: 5,400 SqFt
Listing Office:
Office Name: REO-Cadillac-233028
Office Phone: (231) 878-8777
Listing Agent: Michelle Maidens
Interior Features
Interior Information:
Appliances: Refrigerator, Oven/Range
Interior: None
Fireplace: None
Exterior Features
Exterior Information:
Waterfront: Water View
Exterior: None, Vinyl Siding, Full Log, Wood
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot Size: 2.88 Acres
Utilities
Utilities Information:
Heating: Forced Air, Baseboard, Wall Furnace
Other
Directions Information:
Directions: Coming into Cadillac West(north) on M-115 property is on the east side across from Sunnyside Drive and before Dollar General
Price Information
Listing Price Info
Price Summary:
List Price: $665,000
Price Per SqFt: $123/SqFt
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Housing Market Comparison
See how this home compares to others in Cadillac, MI.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lincoln Elementary School
125 Ayer St
Distance between this listing and this school3.04 miles
Public District Grades KG-5
7
/10
Franklin Elementary School
505 Lester St
Distance between this listing and this school3.11 miles
Public District Grades PK-5
7
/10
Forest View Elementary School
7840 S 25 Mile Rd
Distance between this listing and this school6.67 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mackinaw Trail Middle School
8401 S Mackinaw Trl
Distance between this listing and this school2.31 miles
Public District Grades 6-7
5
/10
Pine River Area Middle School
17445 Pine River Rd
Distance between this listing and this school11.67 miles
Public District Grades 4-7
6
/10
McBain Middle School
107 E Maple St
Distance between this listing and this school11.90 miles
Public District Grades 6-8
Nearby Schools
7
/10
Cadillac Senior High School
400 Linden St
Distance between this listing and this school2.10 miles
Public District Grades 9-12
3
/10
Cadillac Innovation High School
221 Granite St
Distance between this listing and this school2.38 miles
Public District Grades 9-12
5
/10
Pine River Area High School
17445 Pine River Rd
Distance between this listing and this school11.62 miles
The neighbors living near this home have an average income of $49,045. Most Cadillac, MI residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6444 E M-115
What is the listing price of this property?
The listing price of 6444 E M-115 property is $665,000.
What type of property is this?
The property 6444 E M-115 is a house located in Cadillac, Michigan, 49601.
Is this property for sale now?
Active Listing: 6444 E M-115 is For Sale (Active/New) which means the seller is accepting offers.
What is the square footage of this property?
The property 6444 E M-115 is 5,400 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6444 E M-115 is 1971.
This home is located at 6444 E M-115 in Cadillac, MI and zip code 49601. This 5,400 square foot home, which was built in 1971, sits on a 2.88 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $665,000.
Cadillac, MI housing market in November 2024 saw over 4 listings sold above listed price, more than 5 sold at listed price and over 10 sold below. In November 2024 in Cadillac, MI there were 4% less homes for sale than in October 2024. In November 2024 median list price was $225,000 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.