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202620960
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VIEW PHOTOS
$1,200,000

202620960

7 Beds 5 Baths 3,562 Sq.Ft. 2.34 Acres

Description

Exceptional investment opportunity in the heart of Lake George! Situated on a rare 2.34-acre parcel, this unique property offers immediate rental income along with outstanding future development potential. The property features a 1,312 sq. ft. main residence with 2 bedrooms and 1.5 baths, plus a separate one-story building containing three private apartments--two 1-bedroom units and one 2-bedroom unit. Each apartment offers its own private entrance with separate access leading outdoors to a patio, dedicated parking, and added privacy for tenants. Perfect for investors or owner-occupants, live comfortably in the main home while generating rental income from the three apartments, or maximize the property's full investment potential. Investors will appreciate the property's public water and sewer, along with its desirable RCH (Residential Commercial High Density) zoning. With the potential for approximately 6-10 residential units (subject to municipal approvals), opportunities like this are exceptionally rare in Lake George. Large parcels with development potential within walking distance of the lake, beaches, restaurants, shopping, marinas, and all that Lake George has to offer seldom become available. Whether you're looking for an owner-occupied investment, a strong income-producing property, or a redevelopment opportunity in one of the Adirondacks' most sought-after destinations, 43 Birch Avenue presents a truly one-of-a-kind opportunity.

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Location

43 Birch Avenue, Lake George, NY 12845

Status

For Sale
Nabil Eldib

Nabil Eldib

TITLE

NYS Licensed Real Estate Salesperson

Property Amenities

Interior
Laundry room None
Fireplace Wood Burning, Living Room
Flooring Ceramic Tile, Hardwood, Linoleum
Total Bedrooms: 7
Half Bathrooms: 1
Full Bathrooms: 4
Area & Lot
Lot Area 2.34 Acres
Living area 3,562 Sq.Ft.
MLS® ID 202620960
Year Built 1958
School District Lake George
High School Lake George
Elementary School Lake George
View Description Trees/Woods,Mountain(s)
Architecture Styles Traditional
Type Multi-Family
Status For Sale
Exterior
Air conditioning None
Heat type Baseboard, Electric, Forced Air, Natural Gas
Water Source Public
Garage Space 2.0
Security Features Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer Public Sewer
Other Exterior Features None
Parking Off Street, Stone, Detached, Garage
Lot Features Level, Road Frontage, Cleared, Irregular Lot
Roof Shingle, Asphalt
Utilities Cable Available
Finance
Sales Price $1,200,000
Real Estate Tax $7,632 yearly
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 43 Birch Avenue, Lake George, NY 12845. We are reviewing your request and will be in touch shortly!

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