4,500 - 64-68 Chestnut Street, Lake George, Ny 12845
$899,000
Original List Price:
Property Type:MultiFamily
Status:Active
Days on the Market:
9 Bed|7 Bath| Half Bath|4,500 SQFT
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.
