MI > Gaylord > T30N R3W
Gaylord, MI 49735,3551 W Otsego Lake DR
Gaylord, MI 49735,3551 W Otsego Lake DR
Gaylord, MI 49735,3551 W Otsego Lake DR
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Listed by Ryan Wojan • smith realty GROUP
$1,200,000
Est. payment /mo
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7 BD
4 BA
Active

3551 W Otsego Lake DR Gaylord, MI 49735

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Samantha Hillery

Samantha Hillery

+1(248) 917-6460

UPDATED:

08/15/2024 02:57 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision T30N R3W

MLS Listing ID 201831188

Style Cottage

Bedrooms 7

HOA Y/N No

Tax Year 2023

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.

Location

State MI

County Otsego

Zoning RR

Rooms

Basement Crawl Space

Interior

Interior Features Cable, Ceiling Fans, Doorwall, Hardwood Floors, Vaulted Ceilings, Vinyl Floors

Hot Water Gas

Heating Forced Air, Natural Gas, Wood

Fireplaces Type Wood Stove

Window Features Vinyl

Appliance Dishwasher, Electric Range, GasRange/Oven, Microwave, Refrigerator

Exterior

Parking Features Detached/UN

Garage Spaces 2.0

Garage Description 20x20

Garage Yes

Building

Water Shared Well, Well

Structure Type Aluminum,Vinyl

Schools

Elementary Schools Gaylord

High Schools Gaylord

School District Gaylord

Others

Energy Description Natural Gas

Acceptable Financing Cash, Conventional Mort

Listing Terms Cash, Conventional Mort

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agent

Samantha Hillery

Founder/Realtor | License ID: 6501419544

+1(248) 917-6460

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3551 W Otsego Lake DR

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