9523 N Business 31, Pentwater, MI 49449

About this property

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 estate 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.

Property details

MLS #

26045545

Status

Active

Property type

Multi Family

Sub type

Multi Family

County

Oceana

Township

Pentwater Twp

Year built

1970

Lot size

2.19 ac

Waterfront

No

Water body

Bass Lake

Interior

Heating

Forced Air

Cooling

Central Air

Basement

Partial

Laundry

Common Area

Exterior

Construction

Vinyl Siding

Roof

Composition

Parking

Parking

Unpaved, Gravel

Lot and water

Lot size

95,222 sq ft

Waterfront features

Lake Front

Zoning

R2 & R3

Utilities

Sewer

Septic Tank

Water source

Well

Utilities

Electricity Connected, Propane, Cable Available, Electricity Available, Phone Available

Taxes

Annual taxes

$12,463.74

Tax year

2025

Schools

School district

Pentwater

More

New construction

No

Directions

From the North (Ludington): Take S Pere Marquette Hwy / BR US-31 South, at stop sign continue West on Pere Marquette Hwy / BR US-31 to property on the North side. From the South: Take US-31 N to Exit 154 (Oceana Dr / Pentwater). Turn west onto N Oceana Dr / BR US-31 continue to property is on the north side of the road.