




3551 W Otsego Lake Dr, Gaylord, MI, 49735
7beds
4baths
3,169sqft
$895,000
$282price/sqft
$6,517/moest. monthly cost
$260,680/yrincome needed
About This Home
Endless possibilities 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. Schedule showings through MLS# 201839826.
Getting Around
0
0
25
Schools
6/10
6/10
7/10
Construction
Materials
- Foundation: Crawl
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator,Microwave,Dishwasher
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Features
- Vaulted Ceiling(s)
- Door features: Doorwall
- Flooring: Laminate
- Finished area above ground: 3,169
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 3,169
- Total interior livable area: 3,169 sqft
Property
Details
- Parcel number: 01002040010000
- Zoning: RR
Features
- Patio & porch: Deck
- Exterior features: Sprinkler System
- On waterfront: Yes
- Waterbody name: Otsego Lake
- Frontage type: All-Sport
Lot
- Lot size: 2.40 Acres
- Lot size dimensions: 2.4 acres
Parking
- Parking features: Garage
- Has garage: Yes
