$1,300,000 |
MLS | 201825733 | |
3551 W Otsego Lake Drive Gaylord, MI 49735 | |||
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. | |||
Price 1,300,000 | Units: 4 | Exterior: Aluminum,Vinyl | |
Basement: Crawl Space | Type: Other | School: Gaylord | |
Business/Income: Business Opportunity,Income Property,Other | Construction: Frame | Lot Size: 150x674x150x684 | |
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Exterior Features: Lawn,Trees |
Appliances: Dishwasher,Electric Range,GasRange/Oven,Microwave,Refrigerator |
Interior Features: Cable,Ceiling Fans,Doorwall,Hardwood Floors,Vaulted Ceilings,Vinyl Floors | |
Contact: Century 21 Eagle Real Estate - 989-848-8483 |