$349,900

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. The opportunity for short-term rentals such as Airbnb or VRBO is undoubtedly an option with approval from the Town of Ellery. You can also continue to serve long-term tenants in this fantastic growth opportunity.

Amenities

• Bedrooms: 2
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Multi Family
• Home size: 6,604 ft² / 613.53 m²
• MLS: R1569808
• Web ID: YVNSSP
• Status: Active

Map