$560,000
Lake George, NY 12845
MLS# 202034224
Status: Closed
4500 sqft
1 / 16
Property Description
Turn key income property. Fully rented: (6) cabins and (1) house. $775 -$800/month for each cabin. House rental $1000/month. All financials available to show this investment property value. Location ideal for seasonal or annual rentals. Walk to Lake George village, beaches and town amenities. On premise coin laundry. All units have new metal roofs. Property management company options available. 251.18-2-12: six, 480 sq ft cottages at 64 chestnut 251.18-1-8: one, 1620 sq ft residence at 68 chestnut
Details
Maps
Contract Information
Original List Price: 625000
Offered Lease/Sqft: 124.44
List Price/SqFt: 132.22
Sold Price/SqFt: 124.44
List Price/Acres: 589108.91
Sold Price/Acres: 554455.45
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $560,000
Listing Contract Date: 2020-12-09
Current Price: $560,000
Location
City/Town (Mail): Lake George
Street Number: 64
Street Name: CHESTNUT
Street Suffix: Street
County: Warren
State/Province: NY
Postal Code: 12845
Geo Lat: 43.423699
Geo Lon: -73.719961
Property Detail
Lot Size Dimensions: 1.01
Lot Size Acres: 1.01
Building Area Total: 4500
Building Available SQFT: 4500
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Year Built: 1970
Parcel, Tax, HOA
Parcel Number: 522201 251.18-2-1-18-2
Tax Annual Amount: 6316
Tax Section: 251.18
Total Taxes Description: Estimated
Tax Block: 18
Tax Lot: 2
School District: Lake George
Association Y/N: No
Directions & Remarks
Directions: Canada Street to McGillis, left of Cooper. Chestnut on right.
Public Remarks: Turn key income property. Fully rented: (6) cabins and (1) house. $775 -$800/month for each cabin. House rental $1000/month. All financials available to show this investment property value. Location ideal for seasonal or annual rentals. Walk to Lake George village, beaches and town amenities. On premise coin laundry. All units have new metal roofs. Property management company options available. 251.18-2-12: six, 480 sq ft cottages at 64 chestnut 251.18-1-8: one, 1620 sq ft residence at 68 chestnut
Sewer
Public Sewer: 1
Documents Available
Lease: 1
Architectural Style
Multiple Dwelling Unit: 1
Financial Details
Full Market Assessment: 417000
Building Detail
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Showing Requirements
Agent to Accompany: 1
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Roof
Metal: 1
Water Source
Public: 1
Waterfront Features
None: 1
Heating
Forced Air: 1
Natural Gas: 1
Miscellaneous
Office Space: 1
Parking Features
Private: 1
Other: 1
See Remarks: 1
Possible Use
Business: 1
Office: 1
Status Change Info
Status Change Date: 2021-06-13
Under Contract Date: 2021-03-07
Sold Date: 2021-06-03
Sold Price: $560,000
Property Features
Architectural Style: Multiple Dwelling Unit
Documents Available: Lease
Heating: Forced Air; Natural Gas
Miscellaneous: Office Space
Parking Features: Private; Other; See Remarks
Possible Use: Business; Office
Roof: Metal
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Water Source: Public
Waterfront Features: None
Listing Courtesy of Four Seasons Sotheby's International Realty
Listing Agent: Kimberly Scott
518-580-8500 |
518-580-8500 |
Information deemed reliable but not guaranteed.
Broker Attribution:
518.644.9500