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
$995,000
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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Motus Real Estate

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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 $313

Subdivision T30N R3W

MLS Listing ID 201836503

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

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

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