3551 Otsego Lake Gaylord, MI 49735 ~ MLS# 201825744

$1,300,000 - Statue: Active

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.

Appliances: Dishwasher,Microwave,Range/Oven,Refrigerator
Interior Features: Doorwall,Vaulted Ceilings,Wood Laminate
Exterior Features: Cable TV,Deck,Shed,Sprinkler System

Interior:

  • Beds: 7
  • Bathrooms: 4
  • Year Built: 0
  • Sq Feet : 3169
  • Style : Cabin
  • Basement :
  • Construction : Frame
  • Heat/Cool : Central Air,Forced Air,Natural Gas

Property

  • Zoning: RR
  • Water/Sewer: Well
  • School Dist : Gaylord
  • Township : Bagley
  • County : Otsego
  • Acres : 2.40
  • Lot Size : 2.4 acres

Waterfront

  • Waterfront: Yes
  • Lake/River: Otsego Lake

Disclaimer

Listing Courtesy of:
Ryan Wojan - smith realty GROUP

Copyright ©2024 Northern Great Lakes Realtors (NGLR) Listing provided by Northern Great Lakes Realtors (NGLR). The information in this listing was gathered from third-party sources including the seller. Cummings Realty disclaim any and all representations or warranties as to the accuracy of this information.

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