3551 W Otsego Lake,Gaylord, MI - $1,300,000
MLS# 201825744 Property Type: Residential Water
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.
Details
- Type : Residential Water
- Sqfeet : 3169.00
- Bedrooms : 7
- Bathrooms : 4.00
- Exterior : Vinyl
- Acres : 2.40
- Lake/River : Otsego Lake
- Garage size :
- Waterfront : Yes
- Frontage : All-Sport
- School : Gaylord
- Living Room : 17'7''x13'7''
- Bedroom 1 : 10'1''x8'11''
- County : Otsego
- Dining Room : Combo
- Bedroom 2 : 10'1''x8'11''
- Kitchen : 11'9''x11'11''
- Bedroom 3 : 13'8''x8'8''
- Basement :
- Family Room :
- Bedroom 4 : 13'x8'7''
- Exterior : Vinyl
- Construction : Frame
- Year Built : 0
- Virtual Tour :
Listing Provided Courtesy of Ryan Wojan - smith realty GROUP
