177 E Lake Boulevard, Carmel, NY 10541

A great opportunity to own a strong rent roll for the rest of your life! This incredible rental property consists of a 7-unit multi-family house featuring 7 one-bedroom apartments and a separate 3-bedroom cottage. The majority of the rent is paid through the Government Section 8 program, ensuring prompt payments directly into your account. The property is conveniently located near town amenities such as restaurants, library, parks, 50-mile bike path and public transportation. This building formerly known as the “Mayflower Hotel” sits gracefully on a level .8 ACRES of lush lawns and trees with a beautiful front entrance featuring an ornamental stone fireplace. Just listed!