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 20×20 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.
Listing courtesy of Ryan Wojan at
Property Details
Price:
$1,300,000
MLS #:
2958582199
Status:
Active
Beds:
7
Baths:
4
Address:
3551 W Otsego Lake Dr
Type:
Single Family
City:
Gaylord
Listed Date:
Dec 3, 2023
State:
MI
Finished Sq Ft:
3,169
ZIP:
49735
Lot Size:
104,544 sqft / 2.40 acres (approx)
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- Address3551 W Otsego Lake Dr Gaylord MI
- CityGaylord
- Zip Code49735
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3551 W Otsego Lake Dr
Gaylord, MI
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