$1,300,000

MLS  

201825733
3551 W Otsego Lake Drive Gaylord, MI 49735
 
201825733

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.
Price 1,300,000 Units: 4 Exterior:  Aluminum,Vinyl
Basement: Crawl Space Type: Other School: Gaylord
Business/Income: Business Opportunity,Income Property,Other Construction: Frame Lot Size: 150x674x150x684

Exterior Features:
Lawn
Trees
Appliances:
Dishwasher
Electric Range
GasRange/Oven
Microwave
Refrigerator
Interior Features:
Cable
Ceiling Fans
Doorwall
Hardwood Floors
Vaulted Ceilings
Vinyl Floors

Contact: Lakeshore Realty - 989-595-2970