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$ 950,000
Est. payment /mo
New
64-68 Chestnut ST Lake George, NY 12845
UPDATED:
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
Listed by Realize Brokers
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