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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7 Beds
4 Baths
3,169 SqFt
Active

3551 W Otsego Lake DR Drive Gaylord, MI 49735

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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

Lot Size 2.400 Acres

Acres 2.4

Lot Dimensions 2.4

Property Sub-Type Residential Water

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 Vaulted Ceiling(s), Doorwall, Wood Laminate

Heating Central Air, Forced Air, Natural Gas

Cooling Cabin

Flooring Hardwood

Equipment Dishwasher

Appliance Range/Oven, Refrigerator, Microwave, Dishwasher

Laundry None

Exterior

Exterior Feature Cable TV, Deck, Shed, Sprinkler System

Building

Foundation Crawl

Sewer Septic

Structure Type Vinyl

Schools

Elementary Schools Gaylord

High Schools Gaylord

Others

Tax ID 010-020-400-100-00

Acceptable Financing Cash, Conventional Mortgage

Listing Terms Cash, Conventional Mortgage


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3551 W Otsego Lake DR Drive