$899,900

2862 Arlene, Indian River, MI 49749, US

Summary

Half Baths: 0
Style: Commercial Sale

Moving Quotes

Remarks

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.

Details

MLS#: 201833215
Price: $899,900

Style: Commercial Sale
Baths Half: 0

County: Cheboygan
Subdivision: T35N, R2W
Lot Size: 1.21

Share With Friend






Cancel

Ask a Question







Cancel

Request More Photos







Cancel

Schedule a Showing








Cancel

Broker Contact

COLDWELL BANKER SCHMIDT INDIAN RIVER
3970 S Straits Highway P.O. Box 631
Indian River, MI, 49749
US
! (231) 238-9336
! indianriver@cbgreatlakes.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Water Wonderland Board of Realtors®
Last updated: 2025-07-07T19:47:25.000-04:00.
Privacy Policy