Description
Looking to expand or start your investment portfolio? This mixed-use property with views of the Champlain Canal offers an outstanding opportunity with a strong, established income stream and an impressive 9% cap rate. Situated in the heart of Whitehall, the building features a successful restaurant on the first floor, now operating in its third year, along with four fully rented residential apartments upstairs. The residential units include two spacious 2-bedroom, 1-bath apartments and two studio apartments, providing a diverse rental mix and consistent occupancy. With all units leased and the commercial space already established, this is a true turnkey investment offering immediate cash flow and long-term potential. Whether you're a seasoned investor or looking for your first income-producing property, this is an opportunity you won't want to miss.
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Looking to expand or start your investment portfolio? This mixed-use property with views of the Champlain Canal offers an outstanding opportunity with a strong, established income stream and an impressive 9% cap rate. Situated in the heart of Whitehall, the building features a successful restaurant on the first floor, now operating in its third year, along with four fully rented residential apartments upstairs. The residential units include two spacious 2-bedroom, 1-bath apartments and two studio apartments, providing a diverse rental mix and consistent occupancy. With all units leased and the commercial space already established, this is a true turnkey investment offering immediate cash flow and long-term potential. Whether you're a seasoned investor or looking for your first income-producing property, this is an opportunity you won't want to miss.
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