Active

3682 Route 430
Ellery, NY 14712

$399,900
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Property Description

Incredible Investment Opportunity with Stunning Lake Views! Welcome to 3682 Route 430, Bemus Point, NY – a 16-unit property on three sprawling acres of prime real estate. Location, Location, Location: Situated overlooking the serene Chautauqua Lake and a mere three-minute drive to the charming downtown Bemus Point, where quaint shops, restaurants, and lakeside attractions await. A quick two-minute drive to the I-86, ensuring easy access to neighboring cities and towns. Endless Potential: The possibilities are boundless with this property’s three acres of buildable land. Whether you dream of expanding the existing units, creating additional rental spaces, or embarking on an entirely new business venture, this property lays the foundation for your vision. Completely separate electrical services, allowing tenants to control their electricity expenses. With the maintenance manager residing on-site in one of the units, you can have an on-site manager to help you with maintenance. The opportunity for short-term rentals such as Airbnb or VRBO is certainly an option. You can also continue to serve long-term tenants in this amazing growth opportunity.

Details

Interior Features: Ceiling Fans, Bedroomon Main Level
Utilities: Cable Available, High Speed Internet Available, Sewer Connected
Appliances: Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range Hood
Heating: Electric, Baseboard
Exterior Features: Blacktop Driveway
Construction Materials: Brick, Stucco, Vinyl Siding, Wood Siding, Copper Plumbing, P E X Plumbing
Foundation: Slab
Lot Dimensions: 690 X389
Lot Size: 3.1
Roof: Asphalt
Sewer: Connected
Water: Well
Parking: One Space, Driveway, No Garage