Coldwell Banker Schmidt REALTORS | 989-732-0555 | Contact
Larry J. Scanlon Associate Broker
"TEAM SHERI" Member
Price $1,300,000
MLS # 201825744
Beds: 7
Baths: 4.00
Year Built: 0
TTL Sq Ft: 3169.00
School Dist. Gaylord
Type: Residential Water
Garage Yes
Property Features
Acres 2.40
Lot Size 2.4 acres
Heat Central Air,Forced Air,Natural Gas
Taxes $5,772.34
Style Cabin
Frame
Lake/River Otsego Lake
Road Maintained,Paved
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ROOM SIZES
Living Room 17'7''x13'7''
Dining Room Combo
Kitchen 11'9''x11'11''
Laundry Room None
Bedroom 1 10'1''x8'11''
Bedroom 2 10'1''x8'11''
Bedroom 3 13'8''x8'8''
Bedroom 4 13'x8'7''
Features
Appliances Dishwasher,Microwave,Range/Oven,Refrigerator
Interior Doorwall,Vaulted Ceilings,Wood Laminate
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Exterior Cable TV,Deck,Shed,Sprinkler System
Remarks
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.
Call: 989-732-0555
Email: larry@gaylordmichigan.com
Larry Scanlon