Au Sable Forks, NY 12912,14217+19 NYS Route 9N
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Au Sable Forks, NY 12912,14217+19 NYS Route 9N
Au Sable Forks, NY 12912,14217+19 NYS Route 9N
Au Sable Forks, NY 12912,14217+19 NYS Route 9N
Au Sable Forks, NY 12912,14217+19 NYS Route 9N
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$ 630,000
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14217+19 NYS Route 9N Au Sable Forks, NY 12912

7,326 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,326 sqft

Price per Sqft $85

MLS Listing ID 206374

Construction Status Updated/Remodeled

Year Built 1920

Annual Tax Amount $11,417

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Multi Family

Source Adirondack-Champlain Valley MLS

Property 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.

Location

State NY

County Essex

Rooms

Basement Full, Unfinished

Interior

Interior Features Apartment

Heating Electric, Propane

Flooring Carpet, Laminate, Luxury Vinyl, Varies, Wood

Inclusions Fixtures

Appliance Electric Cooktop, Electric Oven, Refrigerator

Exterior

Parking Features Common, Off Street, On Site, Private

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Downtown

Roof Type Asphalt,Metal,Shingle

Street Surface Paved

Road Frontage City Street, State Road

Building

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Construction Status Updated/Remodeled

Schools

School District Ausable Valley

Others

Senior Community No

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


Listed by Jack Newberry • Coldwell Banker Whitbeck Assoc-Saranac Lake
Deb Lennon

Deb Lennon

Advisor | License ID: 10401341818

+1(518) 524-4388

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14217+19 NYS Route 9N