218 E River St, Cadillac, MI, 49601

Location

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218 E River St, Cadillac$129,900

Buyer Closing Credits

$1,543^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingNone

Year Built1890

HeatingNatural Gas, Forced Air, Wall Furnace

CoolingNatural Gas, Central Air, Wall Unit(s)

WaterfrontNone

FireplaceNone

MLS #1921328

Lot Size0.32 Acres

StatusActive
(Active U/C Taking Backups)

About 218 E River St

Rental Investment Opportunity! Nice duplex located in the city of Cadillac. The main floor unit is 3 bed/1 bath, this unit has been just updated with new paint, the carpets were just cleaned and a new window in the main living area is to be installed prior to closing. The upstairs unit is 2 bed/1 bath, this tenant has been renting since 2021. There are 2 parcels, being sold together, equaling a total of .32 acres. There is a very spacious backyard and a significant amount of room for tenant parking. The property has been well maintained and taken care of through the years and sellers have had a long-term history with both units.

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Property Details

Property Features

Property Information:

• Architectural Style: 2 Story
• Year Built: 1890
• Living Area: 1,616 SqFt

Listing Office:

• Office Name: REO-Cadillac-233028
• Listing Agent: Michelle Maidens

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range
• Interior: Laundry Hook-up, Foyer Entrance
• Fireplace: None

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Covered Porch, Vinyl Siding

Parking Information:

• Attached Garage: No
• Parking: None

Lot Features

Lot Information:

• Lot Size: 0.32 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Forced Air, Wall Furnace
• Cooling: Natural Gas, Central Air, Wall Unit(s)

School Info

Assigned Schools Information:

• Cadillac Senior High School, Public District Grades 9-12
• Cadillac Junior High School, Public District Grades 7-8
• Mackinaw Trail Middle School, Public District Grades 5-6

Other

Directions Information:

• Directions: Mitchell St, East on River to home on right.

Price Information

Listing Price Info

Price Summary:

• List Price: $129,900
• Price Per SqFt: $80/SqFt

Tax Information:

• Annual Amount: $1,153
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Cadillac, MI.

Cadillac, MI

City

Med. Sold Price

$210K

Med. Price/SqFt

$134

Avg. Days On Market

65

# of Sold Homes

21

218 E River St vs Cadillac

14 DAYS ON ROCKET

-51 Days

$129,900

-$80.1K Less

$80/SqFt

-$55 Less

KEY TAKEAWAY

This property is $80.1K less than the Median Sold Price and $55/SqFt less than other homes in Cadillac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: TAAR
• MLS Number: #1921328

Listing Office:

• Office Name: REO-Cadillac-233028
• Listing Agent: Michelle Maidens

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 9:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,153	$31,700
2020	-	$31,100
2019	-	$26,000
2018	-	$21,800
2017	-	$19,200

History based on county public records data.

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NMLS#3030

**Disclosures

Rocket Homes›Michigan›Wexford County›Cadillac›49601›218 E River St

This home is located at 218 E River St in Cadillac, MI and zip code 49601. This 1,616 square foot home, which was built in 1890, sits on a 0.32 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $129,900.

Cadillac, MI housing market in April 2024 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 11 sold below. The inventory of homes for sale in Cadillac, MI between March 2024 and April 2024 increased by 4.3%. Listings spent 65 days on the market in April 2024, and had a median list price of $210,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.