Century 21 Northeast Realty of Lewiston, Michigan

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$1,300,000

MLS 201825744
3551 W Otsego Lake Drive Gaylord, MI 49735  
mls

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 Ttl Baths: 4.00 Frontage:  All-Sport
Style: Cabin Type: Residential Water School: Gaylord
Full Baths: 4 Half Baths: 0 Lot Size: 2.4 acres
Bedrooms: 7 3/4  Baths: 0 Acres: 2.40

Ttl Sqft: 3169.00 Garage: Detached/UN

Room Sizes

Abv Gd Sq Ft:  3169.00 Garage Size:  20x20 Living Room Size: 17'7''x13'7''
Year Built: 0 County: Otsego Dining Room Size: Combo
Lake/River:  Otsego Lake Twp/Sub: Bagley Kitchen Size: 11'9''x11'11''
Waterfront: Yes Foundation: Crawl Family Room Size: 
Exterior: Vinyl Basement Size:    Bedroom 1 Size: 10'1''x8'11''
Construction: Frame   Bedroom 2 Size: 10'1''x8'11''
    Bedroom 3 Size:13'8''x8'8''
 

Exterior Features:
Cable TV,Deck,Shed,Sprinkler System
Appliances:
Dishwasher,Microwave,Range/Oven,Refrigerator
Interior Features:
Doorwall,Vaulted Ceilings,Wood Laminate

Listing Provided Courtesy of:
smith realty GROUP
1349 S. Otsego Ave., P.O. Box 309, Gaylord, MI 49734

Copyright © 2024 Water Wonderland Board of Realtors (WWBR)
Listing provided by Water Wonderland Board of Realtors (WWBR), database last updated Monday May 20, 2024

CENTURY 21 ® and the CENTURY 21 logo are registered service marks owned by Century 21 Real Estate LLC. Affiliated Consumer Services, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliated companies.
Direct Link:  https://wwlx.net/2013/c21Eagle/residential/index.php?view=201825744