Basics
- Date added: Added 2 weeks ago
- MLS ID: 202514264
- List Office Name: Realize Brokers
- List Agent Email: nic@realizebrokers.com
- List Agent Office Phone: 518-678-4444
- Days On Market: 32
- County: Warren
- Living Area sqft: 4500
- Lot Size Acres: 0.78 acres
- Category: MultiFamily
- Type: Multi Family
- Status: Pending
- Bedrooms: 9
- Half baths: 0
- Year built: 1970
- Zoning: Mixed
Description
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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.
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Directions
- Directions: I-87 exit 21, take US-9 north, left on McGillis Ave when you hit the village, left on Cooper St, property is immediately on right.
Building Details
Interior Features
Exterior Features
- Parking: Driveway
- Exterior Features: None
- Lot Size Units: Acres
- Lot Size Area: 0.78
Amenities & Features
- Sewer: Public Sewer
- Water: Public
Financial
- Possession: Subject To Tenant Rights, At Closing
- Special Listing Conditions: Standard
- Tax Annual Amount: $5,062
- Tax Block: 2
- Tax Lot: 12
- Tax Tract: 251.18
School Information
- Elementary School: Lake George
- High School: Lake George
- High School District: Lake George