Rare investment opportunity on Lake Champlain. 12 unit cottage style multi family property situated on 1 acre with an adjacent .19 acre beachfront parcel. Owner currently getting great returns but potential condo or townhome development site with tremendous lake views and access to the beach. Units are in very good shape including updates to windows, doors, floors, kitchen, roofves, etc... Natural gas service is now available on the road to either lower tenant heating costs or for better development opportunity. Beachfront parcel includes moorings as well.
This makes an awesome owner occupied duplex, with solid rental numbers as straight investment. The large unit, living room, dining room and has walkout family room and a bonus room in the lower level. Many newer upgrades just completed and the large unit is vacant and ready for you or your tenants to move right into! The 1 bedroom would make a super in-law apt., or at today's interest rates, pays for a big chunk of your mortgage! Great yard, garden space, outside storage.
Duplex with large yard, nice kitchens, separate laundries, newer replacement windows and architectural shingle roofing , all with much potential in a residential neighborhood. Data from town records and sellers.