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2862 Arlene

$950,000

2862 Arlene, Indian River, MI 49749

Active
Last Updated: 02/05/2025

201833215

MlsNumber

 
Details:
MlsNumber:    201833215
Highlights:
  • Tax Roll Number: part of 162-018-300-010-13
Description:

Straits Hwy North of Indian River to Gratiot. Gratiot to Bellchase to Arlene.

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.

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