3551 W Otsego Lake Drive Gaylord, MI 49735
Listing Courtesy of: WATER WONDERLAND / Smith Realty Group

  3551 W Otsego Lake Drive Gaylord, MI 49735

Active
$1,300,000
7
BED
4
BATH
3,169
SQFT

Description

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.

MLS #:
201825744
Taxes
$5,772(2022)
Lot Size
2.4 acres
Type
Single-Family Home
Style
Cabin
School District
Gaylord
County
Otsego County

Listed By

Ryan Wojan, Smith Realty Group
Source
WATER WONDERLAND
Last checked May 3 2024 at 3:46 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Wood Laminate -
  • Doorwall
  • Vaulted Ceilings
Subdivision
  • Bagley
Property Features
  • Cabin
  • Foundation: Crawl
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
School Information
  • Elementary School: Gaylord
  • High School: Gaylord
Garage
  • Detached/Un
Living Area
  • 3,169 sqft
Location
   
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Disclaimer: Copyright 2024 Water Wonderland Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/3/24 08:46