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22261172
22261202

3551 W Otsego Lake Dr, Gaylord, MI 49735

RW
MI 6506047353
Smith Realty Group
Listed by Smith Realty Group
$995,000
446 days on market
Updated 151 days ago

3551 W Otsego Lake Dr

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,169
Year Built 2015
Acreage 2.400

Multifamily

Marketing 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.

Listing Contacts

RW
MI 6506047353
Smith Realty Group
Listed by Smith Realty Group

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