3551 W Otsego Lake Gaylord, MI 49735

Price $1,300,000

MLS # 201825744

Beds 7

Baths 4.00

TTL Sq FT.3169.00

Acres 2.40

Lot Size2.4 acres

Remarks

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.


Room Sizes

Living Room
17'7''x13'7''

Dining Room
Combo

Kitchen
11'9''x11'11''

Laundry Room
None


Bedroom 1
10'1''x8'11''

Bedroom 2
10'1''x8'11''

Bedroom 3
13'8''x8'8''

Bedroom 4
13'x8'7''


Bathroom 1
8'11''x5'

Bathroom 2
8'11''x5'

Garage
Detached/UN

Garage Stalls
2


Township
Bagley

County
Otsego

Schools
Gaylord

Zoning
RR

Road
Maintained,Paved

Construction
Frame

Water
Well

Sewer
Septic

Exterior
Vinyl

Features

Frontage
All-Sport

Lake/River
Otsego Lake

Interior Features
Doorwall,Vaulted Ceilings,Wood Laminate

Exterior Features
Cable TV,Deck,Shed,Sprinkler System

Property Location

Request More Info

From Headwater Realty LLC


Headwater Realty LLC

Headwater Realty LLC
(989) 705-2600


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