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 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.
Address Map
USA
MI
Otsego
Gaylord
49735
3551 W Otsego Lake Drive
Gaylord, Michigan, 49735, United States
7 Bedrooms
4 Bathrooms
3,169 Sqft
$1,300,000
Listing ID #1320917
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1320917
Ref ID : 45522795
Price : $1,300,000
Bedrooms : 7
Bathrooms : 4
Square Footage : 3,169 Sqft
Lot Area : 2.40 Acre
MLS : 201825744
