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632 Sharon Street, Unit 632 & , Gaylord, MI 49735

$365,000
  • 632 Sharon Street, Unit 632 & , Gaylord, MI 49735 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#479770
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLGaylord

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.

632 Sharon Street, Unit 632 & | MLS# 479770

This multi-family property located at 632 Sharon Street, Unit 632 & , Gaylord, MI 49735 is currently listed for sale with an asking price of $365,000. Sharon Street, Unit 632 & is located within the Gaylord school district. Search Gaylord real estate on chrishoffman.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Natural Gas, Forced Air
Lot Size: 0.26 Acres
Roof Type: Asphalt Shingles

Units

Unit Type 1:
Bedrooms: 3
Bathroom(s): 1
Square Footage: 1073
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1
Square Footage: 854

Feature Descriptions

Exterior: Wood Frame
Lot Dimensions: 130 x 90
Sewer: Septic
Units: 2
Water: Well

Local Schools

School District: Gaylord

Listed By / Shown By

Listed By

Agency Name: @properties Christie???s International Real Estate - Harbor
Agency Phone: 231-373-4080

Shown By

Agent Name: Chris Hoffman
Agent Phone:
Agency Title: Key Realty

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Estimated Payment

$ 2,148.16 per month $2,041.71 Principal & Interest $0.00 Property Tax (data not provided by mls) $106.46 Homeowner's Insurance

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