Courtesy: Greenridge Realty S Rath
Debby Stevenson
231-510-5727
PENTWATER TWP - 10+ UNITS - An exceptional investment opportunity awaits at 9523 N BR US 31, offering a fully occupied, cash-flowing multi-family portfolio in the high-demand Pentwater corridor featuring 10 long-term rental units plus an additional luxury Owner's Suite and property manager quarters. This property was completely rebuilt from the studs up, featuring brand-new exterior siding and full interior rebuilds - including new drywall, fresh paint, custom cabinetry, butcher block countertops, sleek flooring, updated trim, new appliances, and new furnaces and AC units throughout. A complete, itemized construction summary detailing the extensive work completed for each building is available in the associated listing documents for review. Designed for maximum profitability and seamless operation, the asset benefits from individual electric meters and dedicated AC units to keep overhead low, alongside a central coin-operated laundry facility generating supplemental income. Theestate spans three tailored residential structures plus a functional outbuilding. The main South Building anchors the property with seven clean, spacious units alongside the common mechanical room and coin-op laundry. The North Building houses three complete rental units, while the Rear Building serves as management and owner quarters. The 1-bedroom, 1-bath owners quarters doubles as a short-term rental retreat complete with a private patio, firepit, and 7-person Sundance hot. Completing this plug-and-play asset is a separate 20x20 heated pump house with a garage door housing the full H2O system. This is a premier opportunity for investors and rental connoisseurs looking to capture West Michigan rental demand. Buyer and buyer's agent to verify all information.
Courtesy: Coldwell Banker Schmidt Realtors
Robert Antonini
616-974-2000
Investment Opportunity: This rare multi-unit property, located near the heart of downtown Village of Pentwater, is available for the first time since 1986. Originally constructed in the 1890s, the residence is situated on a spacious lot and includes a two-stall garage. It offers a unique blend of space, versatility, and an excellent downtown location al within a short walking distance to the beach & Village. The main living level 1st unit features 3 bedrooms and 11/2 baths, a kitchen with dining area, and a comfortable family room. The 2nd unit upper level offers separate living quarters with an additional 3 bedrooms and 1 full bath, its own kitchen, separate dining area, and living room. Cash flows $800/month for a long term rental. With six total bedrooms, two distinct living spaces, a generous lot, and two-stall garage, and extra storage shed, this property offers incredible flexibility for multi-generational living, a primary residence with additional income potential,or an investment opportunity in one of West Michigan's most sought-after lakeshore communities. Enjoy the best of the Pentwater lifestyle with downtown shops and dining nearby, along with convenient access to Lake Michigan, Pentwater Lake, and the marina. Move-in ready and available for the first time in nearly 40 years, this is a special opportunity to own a piece of historic downtown Pentwater.
PENTWATER TWP - 10+ UNITS - An exceptional investment opportunity awaits at 9523 N BR US 31, offering a fully occupied, cash-flowing multi-family portfolio in the high-demand Pentwater corridor featuring 10 long-term rental units plus an additional luxury Owner's Suite and property manager quarters. This property was completely rebuilt from the studs up, featuring brand-new exterior siding and full interior rebuilds - including new drywall, fresh paint, custom cabinetry, butcher block countertops, sleek flooring, updated trim, new appliances, and new furnaces and AC units throughout. A complete, itemized construction summary detailing the extensive work completed for each building is available in the associated listing documents for review. Designed for maximum profitability and seamless operation, the asset benefits from individual electric meters and dedicated AC units to keep overhead low, alongside a central coin-operated laundry facility generating supplemental income. The
Investment Opportunity: This rare multi-unit property, located near the heart of downtown Village of Pentwater, is available for the first time since 1986. Originally constructed in the 1890s, the residence is situated on a spacious lot and includes a two-stall garage. It offers a unique blend of space, versatility, and an excellent downtown location al within a short walking distance to the beach & Village. The main living level 1st unit features 3 bedrooms and 11/2 baths, a kitchen with dining area, and a comfortable family room. The 2nd unit upper level offers separate living quarters with an additional 3 bedrooms and 1 full bath, its own kitchen, separate dining area, and living room. Cash flows $800/month for a long term rental. With six total bedrooms, two distinct living spaces, a generous lot, and two-stall garage, and extra storage shed, this property offers incredible flexibility for multi-generational living, a primary residence with additional income potential,
Pentwater is located in Michigan. Pentwater, Michigan has a population of 856. Pentwater is less family-centric than the surrounding county with 4.1% of the households containing married families with children. The county average for households married with children is 23.84%.
The median household income in Pentwater, Michigan is $62,857. The median household income for the surrounding county is $56,454 compared to the national median of $69,021. The median age of people living in Pentwater is 65.6 years.
The average high temperature in July is 79.4 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 35.4 inches per year, with 74 inches of snow per year.
