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.
General Information
Price: $950,000
Price/SqFt:
Status:
MLS#: 201833217
City: indian river
Post Office:
Schools: inlandlakes
County: Cheboygan
Subdivision: t35nr2w
Acres: 0
Lot Dim: 1.21 acres
Bedrooms:
Bathrooms:
Property Type: Multi-Family
Style: Ranch
Features & Room Sizes
Exterior: Vinyl
Cooling: None Heating: Baseboard,Natural Gas
Tax, Fees & Legal
Listing Courtesy of: Terri A. Vizina of COLDWELL BANKER SCHMIDT INDIAN RIVER
