$800,000
Lake George, NY 12845
MLS# 202514264
Status: Closed
9 beds

1 / 10
Property Description
Rare investment opportunity in the heart of Lake George Village. This versatile property spans 0.78 acres and includes a single-family home (currently rented, in need of renovation upon tenant turnover) and (6) six additional 480 SF, 2 BR, 1 Bath Cottages. Located within walking distance to all village amenities, this property offers strong long-term value. Short-term rentals are not currently permitted, but the setup lends itself well to a potential bed-and-breakfast or seasonal retreat. Ideal for investors seeking multifamily income or a creative redevelopment play. Cottage rentals can help offset carrying costs, and the location speaks for itself. Financials available upon request. Priced to sell.
Details
Maps
Documents
Contract Information
Original List Price: 950000
List Price/SqFt: 188.89
Status: Closed
Property Sub Type: Multi Family
Sold Price: $800,000
Current Price: $800,000
Listing Contract Date: 2025-03-29
Location
City/Town (Mail): Lake George
Street Number: 64-68
Street Name: Chestnut
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12845
Geo Lat: 43.423686
Geo Lon: -73.71996
Property Detail
Number Of Units Total: 7
Rooms Total: 25
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 4500
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: Public Records
Living Area: 4500
Zoning: Mixed
Lot Size Acres: 0.78
Main Road Frontage: 150
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 9
Bathrooms Full: 7
Year Built: 1970
Status Change Info
Sold Price/SqFt: 177.78
Status Change Date: 2025-12-17
Sold Date: 2025-11-26
Sold Price: $800,000
Parcel, Tax, HOA
Parcel Number: 522201 251.18-2-12
Tax Annual Amount: 5062
Tax Section: 251.18
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 12
School District: Lake George
Elementary School: Lake George
High School: Lake George
Association Y/N: No
Directions & Remarks
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.
Public Remarks: Rare investment opportunity in the heart of Lake George Village. This versatile property spans 0.78 acres and includes a single-family home (currently rented, in need of renovation upon tenant turnover) and (6) six additional 480 SF, 2 BR, 1 Bath Cottages. Located within walking distance to all village amenities, this property offers strong long-term value. Short-term rentals are not currently permitted, but the setup lends itself well to a potential bed-and-breakfast or seasonal retreat. Ideal for investors seeking multifamily income or a creative redevelopment play. Cottage rentals can help offset carrying costs, and the location speaks for itself. Financials available upon request. Priced to sell.
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Financial Details
General Taxes: 2462
General Taxes Description: Estimated
School Taxes: 2600
School Taxes Description: Estimated
Cooling
Window Unit(s): 1
Basement
Partial: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 1st
Full Bath 6: 1st
Full Bath 7: 1st
Construction Materials
Log: 1
Wood Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Flooring
Hardwood: 1
Laminate: 1
Showing Requirements
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Metal: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Parking Total: 20
Driveway: 1
Separate Utilities
Electric: 1
Gas: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Cabin 1
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Cabin 2
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Cabin 3
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: Cabin 4
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: Cabin 5
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: Cabin 6
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: House
Total Rooms MF Unit 7: 7
Total Bedrooms MF Unit 7: 3
Total Full Baths MF Unit 7: 1
Property Features
Architectural Style: Other
Basement: Partial
Construction Materials: Log; Wood Siding
Cooling: Window Unit(s)
Exterior Features: None
Flooring: Hardwood; Laminate
Heating: Forced Air; Natural Gas
Parking Features: Driveway
Possession: At Closing; Subject To Tenant Rights
Roof: Metal
Separate Utilities: Electric; Gas
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas; Heat; Hot Water; Internet
Water Source: Public
Listing Courtesy of Realize Brokers
Listing Agent: Nicholas Ketter
518-656-0556 | nic@realizebrokers.com
518-656-0556 | nic@realizebrokers.com


64 Chestnut Municipal Info