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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 ...
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.
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Research Parcel InformationIs this your property? Sell it faster with premium placement and targeted ads.