642 Sharon Street, Gaylord, MI 49735
Local realty services provided by:CENTURY 21 Northland
642 Sharon Street,Gaylord, MI 49735
$365,000
- - Beds
- - Baths
- 1,927 sq. ft.
- Multi-family
- Active
Listed by: dean michael bach
Office: @properties christie's int'l re
MLS#:201840855
Source:MI_WWBR
Price summary
- Price:$365,000
- Price per sq. ft.:$189.41
About this home
Exceptional investment opportunity just steps from Wah Wah Soo Beach and Otsego Lake! This property features two homes on one parcel. One unit offers 2 bedrooms, 1 bath, and a 2-car attached garage, while the second offers 3 bedrooms and 1 bath. Enjoy access to a non-conforming dock on Otsego Lake at the end of the street. Located near the Iron Belle Trail and Trail 7 snowmobile route, providing year-round recreation. No known short-term rental restrictions make this an excellent opportunity for vacation rentals, long-term income, or multi-generational living. Shared well, separate septic systems. Minutes from downtown Gaylord, golf, skiing, shopping, and dining. Rare Northern Michigan investment opportunity just steps from Wah Wah Soo Beach and beautiful Otsego Lake! Situated on a single parcel, this unique property features two separate residential units, offering incredible flexibility for investors, vacation homeowners, multi-generational living, employee housing, or anyone seeking a property with exceptional income-producing potential.
The first residence features 2 bedrooms, 1 bath, and a desirable 2-car attached garage. The second residence offers 3 bedrooms and 1 bath, providing additional living space for tenants, guests, or extended family. Whether you choose to occupy one unit and rent the other, lease both for long-term income, or capitalize on the area's strong vacation rental demand, the possibilities are extensive.
Location is the true highlight. Wah Wah Soo Beach, one of Otsego Lake's most popular public access points, is literally just steps away, providing easy access to swimming, boating, fishing, paddleboarding, kayaking, and endless summer enjoyment on one of Northern Michigan's premier all-sports lakes. At the end of the street, owners also enjoy access to a non-conforming dock on Otsego Lake, creating even more opportunities to enjoy the waterfront lifestyle.
Outdoor enthusiasts will appreciate the property's proximity to both the Iron Belle Trail and Trail 7. The Iron Belle Trail is Michigan's premier hiking and biking trail network, stretching across the state and offering miles of scenic recreation. Trail 7 serves as one of the region's primary snowmobile corridors, connecting riders to Northern Michigan's extensive trail system and making this a true four-season destination.
Adding to the appeal, there are no known short-term rental restrictions, making this property particularly attractive for investors seeking vacation rental income. Combined with Gaylord's thriving tourism industry, abundant golf courses, nearby ski resorts, lakes, trails, and year-round recreational opportunities, the income potential is substantial.
Both residences are serviced by a shared well, while each maintains its own septic system. Conveniently located just minutes from downtown Gaylord's shopping, restaurants, entertainment, schools, and healthcare facilities, this property offers the perfect balance of recreation, convenience, and investment potential.
Two homes. One parcel. Beach access, lake access, trail access, and unlimited possibilities....
Contact an agent
Home facts
- Subdivision & Development:T30N R3W
- Listing ID #:201840855
- Added:1 day(s) ago
- Updated:August 03, 2026 at 10:43 PM
Rooms and interior
- Basement Description:Walkout
- Living area:1,927 sq. ft.
Heating and cooling
- Heating:Forced Air, Heating, Natural Gas
Structure and exterior
- Building area:1,927 sq. ft.
Finances and disclosures
- Price:$365,000
- Price per sq. ft.:$189.41
Features and amenities
- Amenities:Doorwall, Smoke Detector
Parking
- Parking description:Garage Door Opener
- Garage:Yes
New listings near 642 Sharon Street
- New
$669,000Active3 beds 3 baths3,633 sq. ft.3938 Goslow Road, Gaylord, MI 49735
MLS# 201841917Listed by: COLDWELL BANKER SCHMIDT GAYLORD - New
$375,000Active4 beds 3 baths2,932 sq. ft.1820 Suisse Lane, Gaylord, MI 49735
MLS# 201841923Listed by: COLDWELL BANKER SCHMIDT GAYLORD - New
$48,000Active10 Acres9632 Mount Frederick Road, Gaylord, MI 49735
MLS# 201841916Listed by: REAL ESTATE ONE OF GAYLORD - New
$499,000Active3 beds 3 baths2,480 sq. ft.7431 Arrowroot Trail, Gaylord, MI 49735
MLS# 201841879Listed by: REAL ESTATE ONE OF GAYLORD - New
$359,900Active3 beds 3 baths2,498 sq. ft.2093 Michaywe Drive, Gaylord, MI 49735
MLS# 201841873Listed by: RE/MAX OF GRAYLING - New
$109,000Active2 beds 1 baths900 sq. ft.1663 Orange Grove Avenue, Gaylord, MI 49735
MLS# 201841789Listed by: COLDWELL BANKER SCHMIDT GAYLORD - New
$598,000Active4 beds 4 baths3,900 sq. ft.1797 Gunner Lane, Gaylord, MI 49735
MLS# 201841827Listed by: SMITH REALTY GROUP - New
$399,999Active6 beds 4 baths5,033 sq. ft.496 Burdo Road, Gaylord, MI 49735
MLS# 201841653Listed by: THE TEAM REAL ESTATE GROUP - New
$190,000Active3 beds 2 baths926 sq. ft.632 Goldfinch Street, Gaylord, MI 49735
MLS# 201841811Listed by: REAL ESTATE ONE OF GAYLORD