3551 W Otsego Lake Dr, Gaylord, MI 49735
- $895,000
- 7
- BD
- 4
- BA
- 3,169
- SqFt
- List Price
- $895,000
- MLS#
- 201839794
- Status
- ACTIVE
- Bedrooms
- 7
- Full-baths
- 4
- Sq. Ft
- 3,169
- Acres
- 2.40
Property Description
Endless possibilities for this unique, multifamily property on Otsego Lake! 4 cottages with excellent short- and long-term rental history, 150' of beautiful, sandy Otsego Lake frontage and 2.4 acres of prime property. Only a handful of lots this size still exist on Otsego Lake. Two cottages were built in 2015, Two renovated. Shared 20x20 garage for storage, private water system, newer pump-back septic system upgraded in 2015. The lot size gives you the option of adding additional cottages or a larger residence. There is also room for a large outbuilding, which could be divided for separate storage. Great return on investment as-is, or expand for even higher potential. Schedule showings through MLS# 201839826.
Additional Information
- Waterfront
- Yes
- Frontage
- All-Sport
- Interior Features
- Vaulted/Cathedral Ceilings, Wood Laminate Floors, Doorwall
- Exterior Features
- Deck, Sprinkler System
- Appliances
- Dishwasher, Microwave, Refrigerator, Range
- School District
- Gaylord
- Elementary School
- Gaylord
- High School
- Gaylord
- Heating
- Forced Air, Natural Gas
- Water
- Well
- Sewer
- Septic Tank
Mortgage Calculator
Courtesy of Ryan Wojan from smith realty GROUP.
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