Bought with Katelyn Moskos • Northern Living Properties LLC
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2888 US-9 Lake George, NY 12845
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Key Details
Sold Price $975,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $541
MLS Listing ID 202424314
Sold Date 12/17/24
Bedrooms 4
Full Baths 3
HOA Y/N No
Originating Board Global MLS
Year Built 1960
Annual Tax Amount $4,481
Lot Size 2.910 Acres
Acres 2.91
Property Sub-Type Single Family Residence
Property 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
Location
State NY
County Warren
Zoning Multi Residence
Direction 87N to Exit 22, US9, Make Left, Mile on right 87S to Exit 23, Right on Diamond Point-Bakers Crossing Rd., Left on US9, approx 3 miles on left.
Interior
Heating Ductless
Exterior
Exterior Feature Drive-Paved, Lighting
Parking Features Attached, Garage Door Opener
Garage Spaces 2.0
Pool Outdoor Pool
Roof Type Asphalt
Porch Deck, Patio, Porch
Garage Yes
Building
Sewer Septic Tank
Water Dug Well
Architectural Style Cottage, Duplex-Over/Under, Log
New Construction No
Schools
School District Lake George
Others
Tax ID 522289 238.17-1-14
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