3551 W Otsego Lake Drive, Gaylord, MI 49735

Local realty services provided by:ERA Greater North Properties
3551 W Otsego Lake Drive,Gaylord, MI 49735
$995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:ryan wojan
Office:smith realty group
MLS#:201836501
Source:MI_WWBR

Price summary

  • Price:$995,000

About this home

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.

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Home facts

  • Listing Id #:201836501
  • Added:1 day(s) ago
  • Updated:August 15, 2025 at 10:41 PM

Heating and cooling

  • Heating:Forced Air, Heating, Natural Gas, Wood

Finances and disclosures

  • Price:$995,000
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