2888 # Us9 # US9, Lake George, New York, United States

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Home For Sale

$1,050,000

2888 # Us9 # US9
Lake George, New York, United States

Listed By: Realtyww Info

Listed On: 08/29/2024

Listing ID: GL11386347 View More Details

Description

The single-family home is ideal for on-site living, featuring three bedrooms, two baths, a chef's kitchen, and a two-car garage. Downstairs offers a 1 bd, 1 bath apartment. You can take advantage of this prime opportunity in the vibrant Lake George area! English Brook Cottages, set on 3 acres, includes an additional 10 rental cottages and a two-family home, generating income. With a strong 13% cap rate and $145, 000 in net income last year, this property has great potential. Currently rented from May to October, there's room to expand to year-round rentals, especially with nearby ski resorts and winter events. Recent $120, 000 renovations have enhanced the property. Current owner willing to train! Don't miss this chance to maximize your investment

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Listed by: Joseph Giattino