Rare Adirondack Investment & Lakefront Retreat Opportunity on Algonquin Lake! Discover the perfect blend of income potential and personal enjoyment with this unique 4-unit property nestled in the heart of the Adirondacks on beautiful Algonquin Lake. Whether you're seeking a turnkey investment, a family compound, or your own waterfront escape with rental income, this property delivers endless possibilities. The property features four well-maintained units with one unit currently open and ready for a new owner to immediately enjoy lakeside living while generating income from the additional units. Enjoy stunning lake views, direct access to outdoor recreation, and the peaceful beauty of the Adirondack Mountains year-round. Boating, fishing, kayaking, hiking, snowmobiling, and all-season adventure await right outside your door. Opportunities like this are rare -- own a piece of the Adirondacks with built-in income potential and your own private lake getaway.
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Wells is located in New York. Wells, New York has a population of 655. Wells is more family-centric than the surrounding county with 32.24% of the households containing married families with children. The county average for households married with children is 19.3%.
The median household income in Wells, New York is $44,750. The median household income for the surrounding county is $62,841 compared to the national median of $69,021. The median age of people living in Wells is 38.5 years.
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 9.5 degrees. The average rainfall is approximately 47.2 inches per year, with 72 inches of snow per year.
