3551 W OTSEGO LAKE DR
GAYLORD, MI 49735
$1,300,000
7 Beds
4 Baths
3,169 Sq Ft
Status Active
MLS# 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.
Details for 3551 W OTSEGO LAKE DR
Built in 0
$410 / Sq Ft
2 parking spaces
Central Air, Forced Air, Natural Gas
310 Days on website
2.4 acres lot
Area Information for 3551 W OTSEGO LAKE DR
