1. Michigan
  2. Gaylord
  3. 3551 W Otsego Lake Drive
$1,200,000

3551 W Otsego Lake Drive, Gaylord, MI 49735

  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

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.

Listing Status:
Active
Date Added:
August 15, 2024 at 05:00AM
Listing Office:
smith realty GROUP : 989-732-2477
Listing Agent:
Ryan Wojan : 312-545-8596
MLS ID:
201831188
  • General: CableCeiling FansDoorwallHardwood FloorsVaulted CeilingsVinyl Floors
  • Laundry: None

This listing courtesy of Ryan Wojan, smith realty GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Gaylord Intermediate School

240 E 4th St, Gaylord, MI, 49735

Grades 4-6

3.14 miles away

G

Gaylord Middle School

600 E 5th St, Gaylord, MI, 49735

Grades 7-8

3.15 miles away

G

Gaylord High Schoolvoc Bldg

90 Livingston Blvd, Gaylord, MI, 49735

Grades 9-12

4.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.