3551 W Otsego Lake Drive, Gaylord MI 49735

$1,200,000

3551 W Otsego Lake Drive, Gaylord, MI 49735

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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.

Location
Subdivision	T30N R3W
County	Otsego
Elementary School	Gaylord
Middle School	-
High School	Gaylord

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MLS number: 201831188

Listing agent: Ryan Wojan

Listing broker: Smith Realty Group (989) 732-2477

Copyright © 2025 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. [source]

Last update: Wednesday, January 15 2025 at 12:01 a.m. EST

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