3551 W Otsego Lake Dr 4 Unit Mobile Home Park $1,249,080 CAD ($312,270 CAD/Unit) Gaylord, MI 49735

Endless possibilities await at this rare multifamily property located on the shores of Otsego Lake. This unique offering spans 2.4 acres and boasts 150 feet of sandy lake frontage—a feature few parcels can claim. The site includes four cottages with a strong track record of both short- and long-term rental income, making it an immediate income-producing asset with room to scale. Two of the cottages were newly constructed in 2015, while the other two have undergone significant renovations, blending classic charm with modern updates.
A detached 20x20 garage offers additional storage, complemented by a private water system and an upgraded pump-back septic system completed in 2015. The generous lot size gives investors and developers flexibility to expand, whether by adding additional cottages or constructing a larger residence. There is ample space for a sizable outbuilding, which can even be divided for segmented storage solutions. Located within minutes of Gaylord’s amenities yet offering privacy and tranquil waterfront views, this property delivers both usability and future development potential.