MI > Gaylord > T30N R3W
Gaylord, MI 49735,3551 W Otsego Lake DR
Gaylord, MI 49735,3551 W Otsego Lake DR
Gaylord, MI 49735,3551 W Otsego Lake DR
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Listed by Ryan Wojan • smith realty GROUP
$1,200,000
Est. payment /mo
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7 BD
4 BA
3,169 SqFt
Active

3551 W Otsego Lake DR Gaylord, MI 49735

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Motus Real Estate

Motus Real Estate

+1(248) 270-5999

UPDATED:

08/15/2024 02:59 PM

Key Details

Property Type Single Family Home

Sub Type Residential Water

Listing Status Active

Purchase Type For Sale

Square Footage 3,169 sqft

Price per Sqft $378

Subdivision T30N R3W

MLS Listing ID 201831189

Style Cabin

Bedrooms 7

Full Baths 4

Tax Year 2023

Acres 2.4

Property Sub-Type Residential Water

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

Rooms

Bedroom 2 1st 10'1''x8'11''

Bedroom 3 1st 13'8''x8'8''

Bedroom 4 13'x8'7''

Living Room 1st 17'7''x13'7''

Kitchen 1st 11'9''x11'11''

Interior

Heating Central Air, Forced Air, Natural Gas

Furnishings All-Sport

Appliance Dishwasher, Microwave, Range/Oven, Refrigerator

Exterior

Exterior Feature Cable TV, Deck, Shed, Sprinkler System

Parking Features Detached/UN

Garage Spaces 2.0

Garage Description 20x20

Water Access Desc Yes

Road Frontage Maintained, Paved

Garage Yes

Building

Sewer Septic

Water Well

Structure Type Vinyl

Schools

Elementary Schools Gaylord

High Schools Gaylord

School District Gaylord

Others

Acceptable Financing Cash, Conventional Mortgage

Listing Terms Cash, Conventional Mortgage

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Motus Real Estate

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+1(248) 270-5999

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3551 W Otsego Lake DR

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