#72025007735, Gary B Bailey Sr, Listing Office: Crossroads Realty of Michigan
6444 E M-115 Cadillac, MI 49601
Property details
About 6444 E M-115
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.
Highlights
Summary
- MLS Number: 1929487
- MLS Name: TAAR
- Office Name: REO-Cadillac-233028
- Office Phone: (231) 878-8777
- Listing Agent: Michelle Maidens
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$665,000
6444 E M-115
$7,897
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Lincoln Elementary School
Public District KG-5
3.0 mi
•125 Ayer St
7
Franklin Elementary School
Public District PK-5
3.1 mi
•505 Lester St
7
Forest View Elementary School
Public District PK-5
6.7 mi
•7840 S 25 Mile Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,045. Typical income of Cadillac, MI residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 6444 E M-115
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. Features: 0 bathroom. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $665,000.
In February 2025, from all listings sold in Cadillac, MI there were more than 7 sold above asking price, over 18 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Cadillac, MI between January and February 2025 increased by 2.9%. The median list price of listings available in February 2025 was $225,000, while the average time on the real estate market was 101 days.