$1,300,000
for Sale
3551 w otsego lake drive, gaylord, MI 49735
| Beds 7 | Baths 4 | 3,169 Sqft | 2.40 Acres |
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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.
Waterfront
Water Name: Otsego Lake
Water Description: Waterfront
General Information
City: gaylord
Post Office:
Schools: gaylord
County: Otsego
Subdivision: t30n r3w
Acres: 2.4
Lot Dim: 2.4 acres
Bedrooms:7
Bathrooms:4 (4 full, 0 half)
House Size: 3,169 sq.ft.
Acreage: 2.4 est.
Year Built: 0
Property Type: Residential-Single Family
Style: Cabin
Features & Room Sizes
Bedroom 1: 10'1''x8'11''
Bedroom 2 : 10'1''x8'11''
Bedroom 3: 13'8''x8'8''
Bedroom 4: 13'x8'7''
Family Room:
Greatroom:
Dining Room: Combo
Kitchen: 11'9''x11'11''
Livingroom: 17'7''x13'7''
Pole Buildings:
Paved Road: Maintained,Paved
Garage: Yes
Garage Description: Detached/UN
Construction: Frame
Exterior: Vinyl
Exterior Misc: Cable TV,Deck,Shed,Sprinkler System
Basement: No
Foundation : Crawl
Appliances: Dishwasher,Microwave,Range/Oven,Refrigerator
Heating: Central Air,Forced Air,Natural Gas
Waste: Septic
Watersource: Well
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5772.34
Buyer's Agency Compensation*: 2.5%
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
HOA fees:
Listing Courtesy of: Ryan Wojan of smith realty GROUP
Information provided by Water Wonderland Board of REALTORS
® ©2024
Listing information provided courtesy of the Water Wonderland Board of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
This listing last updated: Fri, August 11, 2023 at 9:01:56 AM EDT
WWBMI Listing Data Last Updated on Sat, April 27 2024 at 5:22am
