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3551 W Otsego Lake Drive, Gaylord, MI 49735
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$1,200,000
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Home Details for 3551 W Otsego Lake Drive
Price
$1,200,000
Type
Single Family
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Sq. Ft.
3169
Lot Size
2.4
County
Otsego
Garage
2
Basement
Crawl Space
Tax
$6,046.18
MLS®️ Listing#
201831189
On exitrealty.com
364 days
Property 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.
- Heating Information
- Forced Air
- Natural Gas
- Central
- Waterfront and Water Access
- Yes
- Cooling Information
- Central Air
- Water Features
- Well
- House Interior
- Vaulted Ceiling(s)
- Utilities
- Cable Available
- Parking
- Detached
- Basement
- Crawl Space
School Information
School Information for 3551 W Otsego Lake Drive
Elementary School
Gaylord
Middle School
Gaylord
High School
Gaylord
Listing Courtesy: smith realty GROUP - 989-732-2477

Last Updated: 2025-06-26 09:06:07
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Market statistics compiled from data from Water Wonderland MLS.
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