$950,000

MLS  

201833217
2862 Arlene Indian River, MI 49749
 
201833217

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:

Contact: Golden Shores Realty -