64-68 Chestnut St - Apartments FOR SALE


Lake George, NY 12845
$850,000 USD
518-307-7824
64-68 Chestnut St, Lake George, NY for Sale
$850,000 USD
Apartments - FOR SALE
1/9
null | 9.36% Cap Rate

64-68 Chestnut St
Lake George, NY 12845


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

7

PRICE/UNIT

$121,429

CAP RATE

9.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

07

APN/PARCEL ID

522289-251-018-0001-008-000-0000

ASK ABOUT THIS PROPERTY

Nic KetterRealize BrokersMore Info
518-307-7824

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Nic KetterRealize BrokersMore Info
518-307-7824

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.