2944 Cataract Street, Copenhagen, NY 13626

Discover a rare waterfront investment opportunity in the village of Copenhagen. This expansive four-unit property offers nearly 6,000 square feet of space and more than 650 feet of scenic frontage along the Deer River. With major exterior updates already completed, the property provides both stability and room for further improvement. The roof and trusses were fully rebuilt within the last decade, and new windows and siding were installed during that time as well. Inside, two of the apartments have been remodeled and are ready for immediate occupancy. The remaining two units are prepared for you to finish to your preference. Annual taxes are just $1,874, keeping operating expenses low and long-term returns strong. The property sits on two acres and includes a large parking area behind the building, offering convenience for tenants and flexibility for future plans. Priced to sell, this waterfront asset is an excellent option for investors seeking a property with both current value … read more …