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.
General Information
Price: $1,200,000
Price/SqFt:
Status:
MLS#: 201831188
City: gaylord
Post Office:
Schools: gaylord
County: Otsego
Subdivision: t30n r3w
Acres: 0
Lot Dim: 150x674x150x684
Bedrooms:
Bathrooms:
Property Type: Multi-Family
Style: Cottage
Features & Room Sizes
Exterior: Aluminum,Vinyl
Cooling: Central Air,Window A/C Heating: Forced Air,Natural Gas,Wood
Tax, Fees & Legal
Listing Courtesy of: Ryan Wojan of smith realty GROUP
