64-68 Chestnut ST Active

Lake George,NY 12845

$ 950000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202500356

Year Built 1970

Annual Tax Amount $5,062

Property Sub-Type Multi Family

Property Description

Six cabins and a single-family home within walking distance to Lake George Village! The 0.78-acre property consists of (6) 480 SF - 2 BR, 1 bath cabins and a 1,404 SF - 3 BR, 1 bath main home. The units are fully occupied with reliable long-term tenants providing stable cashflow and an attractive 8.7% cap rate. Excellent location with less than a 10 min walk to the village. Short-term rentals are not currently permitted. Site features public water, sewer, and natural gas. Financials available upon request.

Location

State NY

County Warren

Interior

Heating Forced Air,Natural Gas

Cooling Window Unit(s)

Exterior

Parking Features Private

Roof Type Metal

Building

Sewer Public Sewer

Water Public

New Construction No

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