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16 Broad Ln 3 Unit Apartment Building $280,000 ($93,333/Unit) Au Sable Forks, NY 12912
Investment Highlights
- Driveway
- Garage
- Walkabiity
- Natural Light
Executive Summary
Three-family property in the town of Au Sable Forks – the heart of the Adirondacks. 30 minutes to Lake Placid, 20 minutes to Whiteface Ski Resort, and 30 minutes to Plattsburgh. Unit 1: 2 beds / 1 bath leased at $1,225/month. Unit 2: 2 beds / 1 bath, month-to-month at $500/month. Unit 3: Studio, month-to-month at $600/month. Gross Monthly Income: $2,325. Flexible opportunity owner-occupy, increase long-term rental income, or convert to short-term Airbnb use.
Property Facts
| Price | $280,000 | Property Subtype | Apartment |
| Price Per Unit | $93,333 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 3,166 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2017 |
| Zoning | Multi-Family | ||
| Price | $280,000 |
| Price Per Unit | $93,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.20 AC |
| Building Size | 3,166 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2017 |
| Zoning | Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $875.00 | 600 |
| 2+1 | 2 | $1,200 | 1,280 |
1 1
Property Taxes
| Parcel Number | 152800-007-084-0002-007-000-0000 | Improvements Assessment | $165,200 |
| Land Assessment | $15,800 | Total Assessment | $181,000 |
Property Taxes
Parcel Number
152800-007-084-0002-007-000-0000
Land Assessment
$15,800
Improvements Assessment
$165,200
Total Assessment
$181,000
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16 Broad Ln
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