14217+19 NYS Route 9N, Au Sable Forks, NY 12912
Au Sable Forks, NY 12912
******** Full Bath, ******** partial baths | Commercial Sale
13068
sq ft, lot: 0.3 Acres
MLS# 206374
$630,000.00
FOR SALE
DESCRIPTION
Exceptional opportunity to acquire a high-performing 9-unit multi-family portfolio in the heart of AuSable Forks. This package consists of two well-maintained, neighboring buildings being sold together, offering immediate scale and a gross monthly income of $8,925. Highlights: Diverse Unit Mix: (1) 3BR unit, (3) 2BR units, (4) 1BR units, and (1) Studio. Low Owner Expenses: Units are separately metered for utilities, protecting your margins. Strategic Location: Situated 20 minutes from Whiteface Ski Resort and 30 minutes from Lake Placid and Plattsburgh—prime for workforce or recreational housing. Turnkey Operations: Ample off-street parking and a high-occupancy history. The property is within walking distance to local amenities, including coffee shops, bars, and restaurants, ensuring high tenant retention. With a strong day-one cap rate and a location central to the Adirondack High Peaks region, this is an ideal addition for the sophisticated commercial investor.
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Courtesy of : Coldwell Banker Whitbeck Assoc-Saranac Lake Email: ******** |
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