3551 W OTSEGO LAKE DR , GAYLORD, MI, 49735

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Asking Price $1,300,000
Estimated Value: $599,236

3551 W OTSEGO LAKE DR GAYLORD, MI 49735
7 Beds 4 Baths 3,169 SqFt
Single Family Home / Resale (MLS)

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18 min from 1784 Upper Ranch Rd

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3551 W OTSEGO LAKE DR ,GAYLORD - $1,300,000 Asking Price

7 Beds 4 Baths 3,169 SqFt

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Property Details
Contact
Price Info
Calculate Payment
Local Info
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Property Details for 3551 W OTSEGO LAKE DR, GAYLORD, MI 49735

Features

Price/sqft: $410
Lot Size: 104544
Total Units: 4
Total Rooms: 14
Room List: Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Dining Room, Family Room, Kitchen, Living Room, Utility Room
Heating: Fireplace,Forced Air

Facts

Property ID: 807681769
MLS Number: 201825744
Parcel Number: 010-020-400-100-00
Property Type: Single Family Home
County: OTSEGO
Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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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Property Brokerage: Smith Realty Group 1349 S. Otsego Ave. P.O. Box 309 Gaylord MI 49734
Copyright � 2024 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

$1,170,000 - ResaleMLS 8 bd / 5.0 ba / 8,400 sqft

3551 W OTSEGO LAKE DR GAYLORD, MI 49735

3551 W OTSEGO LAKE DR ,GAYLORD - $1,300,000 Asking Price

Property Details for 3551 W OTSEGO LAKE DR, GAYLORD, MI 49735

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