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MLS#206375

14217+19 NYS Route 9N , Au Sable Forks

$630,000
0.30 ac
Looking for a robust income property in the Adirondacks? This 9-unit residential package offers a rare opportunity to own two neighboring buildings with a proven track record of consistent rental income. Generating $8,925 in gross monthly revenue, this property is perfectly positioned for an owner-operator or a growing residential portfolio.Located within easy walking distance to downtown shopping, dining and nightlife.All units are separately metered, simplifying management and overhead with a versatile mix ranging from efficient studios to a large 3-bedroom unit, catering to a wide range of the local rental market.The location is also commuter-friendly being only 20 minutes from Whiteface Mountain and 30 minutes to Plattsburgh or Lake Placid.The package includes ample off-street parking and the benefit of two adjacent lots for streamlined maintenance. Whether you are looking for a long-term hold or a high-performing rental hub near the Olympic region, these properties deliver both stability and location.
Listing courtesy of Coldwell Banker Whitbeck Assoc-Saranac Lake

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Property Information

Price:
$630,000630000
MLS#:
206375
Type:
Multi-Family
Area: Au Sable Forks, New York
Acres:
0.30
School District:
Ausable Valley
Tax Map:
7.76-1-22.000, 7.76-1-10.036
Total Taxes:
$14,568
Year Built:
1920
Garage / Carport:
No