$1,300,000

MLS  

201825744
3551 W Otsego Lake Drive Gaylord, MI 49735
 
201825744

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 Ttl Baths: 4.00 Frontage:  All-Sport
Style: Cabin Type: Residential Water School: Gaylord
Full Baths: 4 Half Baths: 0 Lot Size: 2.4 acres
Bedrooms: 7 3/4  Baths: 0 Acres: 2.40

Ttl Sqft: 3169.00 Garage: Detached/UN

Room Sizes

Abv Gd Sq Ft:  3169.00 Garage Size:  20x20 Living Room Size: 17'7''x13'7''
Year Built: 0 County: Otsego Dining Room Size: Combo
Lake/River:  Otsego Lake Twp/Sub: Bagley Kitchen Size: 11'9''x11'11''
Waterfront: Yes Foundation: Crawl Family Room Size: 
Exterior: Vinyl Basement Size:    Bedroom 1 Size: 10'1''x8'11''
Construction: Frame   Bedroom 2 Size: 10'1''x8'11''
    Bedroom 3 Size:13'8''x8'8''
 

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

Contact: Ken Carlson Realty -