64-68 Chestnut St. Lake George, NY $950,000 - Asset Class: Multifamily

Overview

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.

Facts/Features

  • 6 Cabins
  • 1,404 SF Main Home
  • Walking Distance to LG Village

Virtual Tour of Cabin

4K Drone Aerial Photo

An important view is from above. Check out this magnificent piece of Property from ~300 ft above.

Our Listing Team

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Nic Ketter

Listing Agent

Licensed Real Estate Broker

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Spencer Bray

Co-Listing Agent

Licensed Real Estate Salesperson

For Inquiries Contact Agent

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