Attention Investors! Here are three charming riverfront homes nestled along 90 feet of serene Black River/Tower Pond. Currently thriving as rental units, these versatile dwellings could transform into a cozy family compound or a savvy investment--live in one and rent out the others for short- or long-term stays. Enjoy the tranquil waterfront setting and endless possibilities! . Unit 1- 2Bedrooms, 864 Sq Ft, Br 1 11.6x9.3, Br 2 11.6x9.3, Kit 9x11, LR 13x17, Bath 6x9. Unit 2-2 Bedrooms, 900 Sq Ft, Br 1 12 x 13, Br 2 10x11.5, Kit-LV 16x16, Din 7x11, Pantry 5x6 Bath 7x 6. Unit 3-1 Bedroom, 700 Sq Ft, Kit-LV-Dining 14x16, Br 10x10, Bath 9,5x6. 48 Hour notice for showings due to tenants. Refrigerator in Unit 1 is tenant owned, and a new water heater was installed in Unit 1 in June of 2025.

Onaway is located in Michigan. Onaway, Michigan has a population of 796. Onaway is less family-centric than the surrounding county with 18.39% of the households containing married families with children. The county average for households married with children is 19.93%.
The median household income in Onaway, Michigan is $28,162. The median household income for the surrounding county is $52,181 compared to the national median of $69,021. The median age of people living in Onaway is 41.9 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 10.2 degrees. The average rainfall is approximately 30.3 inches per year, with 89.1 inches of snow per year.