3551 W Otsego Lake Drive
$1,200,000
Description
3551 W Otsego Lake Drive,
Gaylord,
MI
49735
Possibilities abound 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.
This is an Active listing.
Broker Office Phone Number: 989-732-2477
Copyright © 2024Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Deck
- Dishwasher
- Fireplace(s)
- Porch
- Refrigerator
- Vaulted Ceilings
- 1 Fireplace
- Washer / Dryer
- Garage
Listing By: smith realty GROUP via Data Source: Water Wonderland Board of Realtors®
Multi Family
Property type
Gaylord
Schools
Gaylord
Elementary
Gaylord
High
Price History
| date | price | variance | type |
|---|
| 8/19/2024 | $1,200,000 | - | Listed |
listing agent: Ryan Wojan
