Fantastic investment opportunity with 10 apartment units! There are four 1-bedroom apartments and six 2-bedroom apartments, all with one full bathroom. The combination of location and amenities--being close to the Indian River, the North Central Trail system, and downtown Indian River--makes it very appealing. The apartment complex offers views of the Indian River Canal, which is a great selling point. Features of the apartments include a backdoor leading to a spacious backyard and an open floor plan. With passive income potential, it seems like a solid property for someone looking to invest in a growing area with a mix of outdoor activities and small-town charm. Located 1/2 mile north of Indian River, just east of Straits Highway, making travel easy for owner and tenant.
Price 950,000
Units: 10
Exterior: Vinyl
Basement: Crawl Space
Type: Apartments
School: Inlandlakes
Business/Income: Business Opportunity,Income Property
Construction: Frame
Lot Size: 1.21 acres
Exterior Features:
Appliances:
Electric Range Refrigerator
Interior Features:
Listing Provided Courtesy of:
COLDWELL BANKER SCHMIDT INDIAN RIVER 3970 S Straits Highway, P.O. Box 631, Indian River, MI 49749
Copyright � 2013 Water Wonderland Board of Realtors (WWBR)
Listing provided by Water Wonderland Board of Realtors (WWBR),
database last updated Friday June 12, 2026
Direct Link: https://wwlx.net/idx/golden_shores/multifamily/index.php?view=201833217
