MI > Gaylord > T30N R3W
Gaylord, MI 49735,3551 W Otsego Lake DR Drive
Gaylord, MI 49735,3551 W Otsego Lake DR Drive
Gaylord, MI 49735,3551 W Otsego Lake DR Drive
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Listed by Ryan Wojan • smith realty GROUP
$1,200,000
Est. payment /mo
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3551 W Otsego Lake DR Drive Gaylord, MI 49735

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Motus Real Estate

Motus Real Estate

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision T30N R3W

MLS Listing ID 201831188

Style Cottage

Property Sub-Type Other

Source Water Wonderland Board of REALTORS®

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.

Location

State MI

County Otsego

Community T30N R3W

Area T30N R3W

Zoning RR

Direction From Gaylord, S Otsego Ave, RIGHT on N Otsego Lake Rd, continue on W Otsego Lake Rd. Property on Left.

Interior

Interior Features Cable, Ceiling Fans, Doorwall, Hardwood Floors, Vaulted Ceilings, Vinyl Floors

Heating Forced Air

Cooling Central Air

Fireplaces Type Wood Stove

Appliance Microwave

Laundry None

Exterior

Porch Enclosed Porch

Building

Sewer Septic

Structure Type Aluminum,Vinyl,Other

Schools

Elementary Schools Gaylord

High Schools Gaylord

Others

Tax ID 010-020-400-100-00

Acceptable Financing Cash, Conventional Mort

Listing Terms Cash, Conventional Mort

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Motus Real Estate

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+1(248) 270-5999

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3551 W Otsego Lake DR Drive

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