984 Waterloo Geneva Road

Highlights:

• Annual Tax: $ 8643.0
• Heating Type: Baseboard
• Location: Riverfront
• Sewer: Public
• Water: City Water

Description:

Incredible Investment Opportunity! Unlock the potential of this unique, income-producing property located on high-visibility Hwy 5 & 20. Anchored by a 2,400 sq/ft shell retail building-currently leased for $1,500/month-this 1.54-acre site offers both immediate income and exceptional future upside. The property also includes five charming 12' x 20' log cabins (tiny homes) nestled in a peaceful campground setting, each undergoing full interior renovation-Cabin 4 is already complete. Customize the remaining cabins to your preference or let the seller finish them for you. Enjoy 133 feet of direct water frontage on the serene Cayuga-Seneca Canal with a private dock that accommodates multiple boats-perfect for lake lovers and vacationers. Utilities are in place, including sewer, water, electric, and high-speed internet, making this a low-maintenance, year-round opportunity-not just seasonal! Whether you're seeking a seasonal vacation rental compound, Airbnb/Vacasa investment, or a family retreat, this property is ready to perform. Plus, there are 6 additional sites available for more tiny homes or RV rentals to further increase revenue. Bonus investor perks: Seller guarantees a 10% capitalization rate for the first year and offers owner financing to qualified buyers. Don't miss this rare chance to own a versatile, multi-use property in a growing waterfront destination!

Waterloo