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:48 day(s) ago
- Updated:October 03, 2025 at 03:40 PM
Heating and cooling
- Heating:Forced Air, Heating, Natural Gas, Wood
Finances and disclosures
- Price:$995,000
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