Discover exceptional flexibility and income potential at 7597 W Otsego Lake Drive in Gaylord, Michigan. Just steps from beautiful Otsego Lake this fully renovated property features two separate turnkey living units plus a detached two-car steel-shell garage—a rare find in this desirable location. The first dwelling is an efficient studio unit offering a full kitchen and full bath. The second is a well-appointed two-bedroom unit with a full kitchen and full bath. Both units have been completely rebuilt from the studs up within the last 2.5 years, including: new siding, insulation, metal roofing, plumbing, electrical, windows, appliances, cabinetry, flooring, and a brand-new septic system. Each space is heated with electric baseboard and a mini-split system providing both heating and air conditioning for year-round comfort. Positioned just feet from the lake, this property offers endless recreational opportunities—minutes from golf, skiing, and direct access to snowmobile trails. Whether you’re looking for personal use, guest space, or turnkey long- or short-term rental income, this is an incredible opportunity in Northern Michigan’s four-season playground. No short-term rental restriction plans have been identified. A must-see for investors, vacation-home buyers, or anyone seeking versatile living near Otsego Lake!