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Latonia Knox

lknox@axenrealty.com +1(678) 674-7929

$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 SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,927 sqft

Price per Sqft $189

Subdivision Pleasant View

MLS Listing ID 20261048661

Style Other

Bedrooms 5

Full Baths 2

Year Built 1960

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type SingleFamilyResidence

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

Area Area69071Bagleytwp

Rooms

Basement Partial, Partially Finished, Walk Out Access

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features TwoCarGarage, Attached

Garage Spaces 2.0

Pool None

Utilities Available AboveGroundUtilities, CableAvailable, UndergroundUtilities

Waterfront Description AllSportsLake, BeachAccess

View Y/N No

Roof Type Asphalt

Garage true

Building

Lot Description WaterView, VacationHome

Foundation Basement, Block

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Gaylord

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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

Nearby Locations

Latonia Knox

Broker Associate | License ID: Ga: 365526 Mi: 6506048686

+1(678) 674-7929 | lknox@axenrealty.com

642 Sharon ST Bagley Township, MI 49735

Latonia Knox

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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