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Jenn Smart

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415 E Harris , Cadillac, MI 49601
$199,900
Est. Payment: $1,041.71/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Excellent opportunity to own a recently updated, fully occupied, income-producing triplex in Cadillac’s historic district, just blocks from downtown and Lake Cadillac. All three units are tenant-occupied with strong rental history and a current City of Cadillac rental certificate. The property includes two 1-bedroom units and one larger unit with 2 to 3 bedrooms. Potential for future increases. Tenants pay electric; landlord covers gas, water, sewer, trash, lawn, and snow. Off-street parking is available for six vehicles via alley access. Each unit has separate entry and privacy, with shared hallway access for Units 1 and 2. Appliances vary by unit; full list available upon request. Total gross monthly rent is $2,675 with room for increase in Unit 1. Unit 1 is a 1 bed/1 bath unit renting at $775/month (MSHDA, month-to-month). Unit 2 is a 1 bed/1 bath recently updated unit renting at $950/month with a lease through 4/30/26. Unit 3 is a large 2–3 bed/1 bath unit renting at $950/month with a lease through 6/30/26. Unit 3 has electrical in the possible 3rd bedroom space, but no heat. Buyer to verify feasibility for use. Rental is certified with the City of Cadillac—certificate valid through 9/23/2028. Unit 1 exclusions: 2 freezers, refrigerator, washer, and dryer. Unit 2: all appliances included. Unit 3: washer and dryer excluded. All other appliances in working order. Showings require 24–48 hours’ notice and are limited to qualified buyers with proof of funds or pre-approval. Leases available upon request.

Highlights

Listed by Stacy Zirkle , 231-920-2317 Five Star Real Estate - Mitchell St Cadillac , 231-842-1200. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1885

County

Wexford

Area

Cadillac (83019)

Neighborhood

GA Mitchell's Plat

School District

Cadillac Area Public Schools

Listing ID

80067938

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Range/Oven, Refrigerator
Basement:Block,MI Basement,Stone
Other:
  • Additional:Walk-In Closet
Water:Public Water

Exterior Features

Lot Dimensions:50'x121'
Zoning:Multi-Family
Others:
  • Additional:Sidewalks
Sewer:Public Sanitary
Principal Interest
$1,042
Taxes
$127

Home Price

$199,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$39,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,041.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,041.71 $127.44 $0.00 $1,169.14
Yearly $12,500.48 $1,529.24 $0.00 $14,029.72
Total $375,014.41 $45,877.05 $0.00 $420,891.46
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Cadillac, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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