ACCEPTING BACKUP OFFERS Investment Opportunity - 5-Unit Multi-Family in Gaylord Just 200 yards from public access to beautiful Otsego Lake, this well-maintained 5-unit property offers a rare investment opportunity in a desirable location. Each unit is in sound condition with numerous recent updates, making it a truly turnkey asset. Enjoy steady, long-term tenant occupancy and reliable monthly income with potential for future growth. Whether you're expanding your portfolio or seeking a high-demand rental near one of Michigan's premier lakes, this property is a solid performer. Showings available Friday or Saturday only with 48-hour notice. Pre-approved buyers only. Cash or business loan financing required.
Multi-familyProperty Type
$213Price/Sq.Ft.
Listed by Todd Dunckley• Berkshire Hathaway Home Services-Kee Realty
Bought with Jamy Warner• COLDWELL BANKER SCHMIDT GAYLORD
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.36 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Otsego County
APN
011-690-008-021-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
Property details
Interior
Heating & Cooling
Cooling: None
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Appliances: Other
Room Information
Laundry Features: None
Basement Details: None
Exterior
Building Information
Construction Materials: Stone, Stucco
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Other
Lot Information
Lot Size Dimensions: 175 x 88 x 175 x 88
Utilities
Utility Information
Water Source: Well
Utilities: Natural Gas Available
Sewer: Septic Tank, Shared Septic
Location
Unit Type 1 Information
Type: 1 Bedroom
# of Bedrooms: 1
# of Bathrooms: 2
Furnished: Unfurnished
Actual Rent: $1,000
Unit Type 2 Information
Type: 1 Bedroom
# of Bedrooms: 1
# of Bathrooms: 1
Furnished: Unfurnished
Actual Rent: $900
Unit Type 3 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Furnished: Unfurnished
Actual Rent: $1,000
Unit Type 4 Information
Type: 1 Bedroom
# of Bedrooms: 1
# of Bathrooms: 1
Furnished: Unfurnished
Actual Rent: $900
Unit Type 5 Information
Type: 1 Bedroom
# of Bedrooms: 1
# of Bathrooms: 1
Furnished: Unfurnished
Actual Rent: $1,200
Schools Information
Elementary School: Gaylord
High School: Gaylord
Location Information
Directions: From I-75 take exit 270 .06 miles toward Waters. Turn right (north) on US Old 27 and go 5.5 miles. Turn right on Modesto St. across from Otsego Lake.
Subdivision Name: Pleasant View
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Otsego County
APN: 011-690-008-021-00
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
South Maple Elementary School
Public PreK-3 • Assigned • 4.7mi
5/10
Gaylord Middle School
Public 7-8 • Assigned • 4.6mi
6/10
Gaylord High School/Voc. Bldg.
Public 9-12 • Assigned • 6.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 93° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Gaylord, MI • 49735
Average low and high temperatures (°F)
23
11
29
13
40
23
54
33
62
42
76
55
80
61
75
56
70
51
61
42
43
32
29
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 2.2 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
2.2 hrs
JuneDecember
Provided by Shadowmap
Sell confidently with a local market expert in Gaylord. 3 minutes to get started.