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3551 W Otsego Lake Dr, Gaylord, MI, 49735
Lakefront Cottage Quadplex

3551 W Otsego Lake Dr Gaylord, MI 49735

For Sale
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Four cottages on sandy Otsego Lake frontage, featuring a shared storage garage and private water and septic systems.

Property Size3,169 SF
Lot Size2.40 Acres
Price / SF$282.42
Days on Market8

Property Features for 3551 W Otsego Lake Dr

General Information

Standard status Active
Size 3,169 SF
Lot size 2.40 Acres
Property subtype Multifamily
Listing Agency: Smith Realty Group
Listed By: Ryan Wojan · License #MI 6506047353
Source: Crexi
Added: Jul 22 Changed: Jul 25 Last Checked: Jul 28 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smith Realty Group

Investment Insights

Based on property information with market context.

This multifamily property includes four cottages on Otsego Lake with a history of both short- and long-term rental activity. Two of the cottages were built in 2015, and two have been renovated. A shared 20x20 garage provides storage, and the property is supported by a private water system. The septic system includes a pump-back component that was upgraded in 2015.

The site offers approximately 150 feet of sandy Otsego Lake frontage and about 2.4 acres of land. The lot size provides room to add additional cottages or expand with a larger residence, and there is also space for a large outbuilding that could be used as separate storage.

The property is offered as-is, with layout and infrastructure already in place to support current use while leaving options for future expansion.

Key Highlights

  • Four‑cottage multifamily property on Otsego Lake with 150' of sandy lake frontage
  • 2.4‑acre lot offers room to add additional cottages or a larger residence
  • Two cottages built in 2015; two additional cottages were renovated

Property Analytics

Location Intelligence

Current Use

Dust Busters Cleaning ... Hardware & Home Improvement

Suggested Use

Top Pick HVAC Service Auto Repair Shop Electrical Service Plumbing Service Auto Parts Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Quadplex - Four cottages on sandy Otsego Lake frontage, featuring a shared storage garage and private water and septic systems.
Where is this quadplex located?
The property is located at 3551 W Otsego Lake Dr Gaylord, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Four‑cottage multifamily property on Otsego Lake with 150' of sandy lake frontage; 2.4‑acre lot offers room to add additional cottages or a larger residence; Two cottages built in 2015; two additional cottages were renovated
(989) 732-2477 Call to check price and availability
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