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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4BEDS
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2.91ACRES
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3BATHS
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01/2 BATHS
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1,800SQFT
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$583$/SQFT
School Information
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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