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.
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Features
Square Feet: 4,500
Town: Lake George
Bedrooms: 9
Full Bathrooms: 7
Estimated Taxes: $5,062
Water: Public
Sewer: Public Sewer
Heat: Forced Air, Natural Gas
Garage: 0
Property Style: Other
Exterior: Log, Wood Siding
Exterior Features: None
Cooling: Window Unit(s)
Parking Spaces: 20
Zoning: Mixed
Location
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