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Chollie Houghtaling

chollie@realtorsinmichigan.com +1(248) 764-0614

$365,000

Est. payment - /mo

5 Beds

2 Baths

1,927 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,927 sqft

Price per Sqft $189

Municipality Bagley Twp

Subdivision Bagley Twp

MLS Listing ID 20261048661

Bedrooms 5

Full Baths 2

Year Built 1960

Annual Tax Amount $3,288

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 130 x 90

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Rare investment opportunity just steps from Wah Wah Soo Beach and beautiful Otsego Lake! This unique property features two separate residential units on one parcel, offering tremendous flexibility for investors, vacation homeowners, multi-generational living, or those seeking rental income in one of Gaylord's most desirable recreational areas. The first residence features 2 bedrooms, 1 bath, an open-concept layout, and a spacious 2-car attached garage. Elevated above the garage, the home offers comfortable living space with excellent natural light and a functional floor plan. The second residence offers 3 bedrooms and 1 bath, providing ample space for year-round living, guests, or rental opportunities. Located just a short walk from Wah Wah Soo Beach, one of Otsego Lake's most popular public access points, owners and guests can enjoy swimming, boating, fishing, paddleboarding, and all the recreational opportunities that make Northern Michigan so special. At the end of the street, residents enjoy access to a non-conforming dock on Otsego Lake. Outdoor recreation extends well beyond the lake. The property is conveniently located near the Iron Belle Trail, Michigan's premier hiking and biking trail system, as well as Trail 7, one of Northern Michigan's primary snowmobile corridors, offering four-season adventure right from your doorstep. With no known short-term rental restrictions, this property presents exciting income-producing potential. Whether utilized as long-term rentals, vacation rentals, owner-occupied housing with supplemental income, or a family retreat, the possibilities are endless. Both homes are serviced by a shared well, while each residence maintains its own septic system. Conveniently located just minutes from downtown Gaylord's shopping, dining, golf courses, skiing, and entertainment, this is an affordable opportunity to own a versatile income-producing property near one of Northern Michigan's premier all-sports lakes. Two homes. One parcel.

Location

State MI

County Otsego

Direction From Downtown Gaylord take Old 27 south approximately 3 miles then turn left (east) on to Sharon St.

Body of Water Otsego Lake

Rooms

Basement Walk-Out Access, Partial

Interior

Interior Features Basement Partially Finished

Heating Forced Air

Appliance Washer, Refrigerator, Range, Dryer

Exterior

Parking Features Attached

Garage Spaces 2.0

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 2

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

Schools

School District Gaylord

Others

Tax ID 01169000900900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by @properties Christie's Int'l R.E. Birmingham

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Chollie Houghtaling

+1(248) 764-0614

Broker | License ID: 431484

Broker License ID: 431484

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642 Sharon Street Gaylord, MI 49735

Chollie Houghtaling

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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642 Sharon Street