Beautiful views overlooking the Tower Pond portion of the Upper Black River awards this amazing waterfront property that offers a 3 bed 2 bath home and 4 rental cabins. With 280` of water frontage, this house features 2x6 construction, steel roof, attached garage, gas fireplace and much more. There is a good-sized front yard to play in and the back yard deck is perfect for grilling. The four cabins offer a nice rental income. Three of the four cabins and the home itself are currently occupied with month-to-month renters. This gives the buyer the potential to keep those renters if they so wish without the obligation of adhering to some previous long-term lease agreement. Or if someone wanted to start fresh, they can do that as well. The Upper Black River system is the only river in Michigan`s lower peninsula exclusively managed for brook trout. Besides having the Upper Black River right there in your back yard, countless other great rivers reside in this area including the Pigeon River, Black River East Branch, and Canada Creek. Burt Lake, Mullett Lake and Black Lake sit nearby as well. There are thousands of acres of state land here in Northern Michigan, including some only 1.3 miles away from this property. Snowmobile trails crisscross across the state. This area offers four seasons of outdoor adventures and individuals come from all over the state to partake in the beauty of it. Especially since this property is so easy to access from I-75 and with is premier visibility from M-68, an individual could turn this into a really nice business if they so wish. Reside in the home and rent out the cabins to weekend warriors. Take it a step further if you wish and offer guided hikes and fishing in the summer months while you give snowmobile tours in the winter months. Needless to say, this property has a ton of promise. With the beautiful views, great location, and income potential, this is one property that deserves your attention...
Off market
Zestimate®
$222,600
7059 Riverbend Dr, Onaway, MI 49765
3beds
3,020sqft
SingleFamily
Built in 1984
1.72 Acres Lot
$222,600 Zestimate®
$74/sqft
$1,774 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Stove, Gas
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Hardwood
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 3,020 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Stone, Stucco
- Has view: Yes
- View description: Park, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.72 Acres
Details
- Parcel number: 231T0400100300
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Other
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Septic
Community & neighborhood
Location
- Region: Onaway
Other
Other facts
- HEAT: LP Gas, Natural Gas
- SEWER: Septic
- WATER: Well
- BASEMENT: Crawl
- Water Front/Water Access?: Water Front
- FEATURES: Deck, Paved Drive, Gas Fireplace
- OTHER BUILDINGS: Other
- LA1Agent Phone1 CountryId: United States (+1)
- Realtor.com: Yes
- Zillow: Yes
- LO1OfficePhone1CountryId: United States (+1)
- Street Designation: Drive