2862 Arlene Indian River, MI 49749
Listing Courtesy of: WATER WONDERLAND / Coldwell Banker Schmidt Realtors / Terri Vizina / Billy Andrew

  2862 Arlene Indian River, MI 49749

Active

Description

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.

MLS #:
201833217
Type
Multifamily
Style
Ranch
School District
Inlandlakes
County
Cheboygan County
Community
Indian River

Listed By

Terri Vizina, Coldwell Banker Schmidt Realtors
Billy Andrew, Coldwell Banker Schmidt Realtors
Source
WATER WONDERLAND
Last checked Feb 5 2025 at 5:11 AM EST
Bathroom Details
Interior Features
  • Appliances: Refrigerator
  • Appliances: Electric Range
Subdivision
  • T35Nr2W
Exterior Features
  • Vinyl
Utility Information
  • Sewer: Septic Tank
School Information
  • Elementary School: Inland Lakes
Stories
  • 1

Listing Brokerage Notes
Buyer Brokerage Compensation: 2%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Copyright 2025 Water Wonderland Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/4/25 21:11