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The 1880 House 1880 House Bed & Breakfast 9 Room Hotel Pulaski, NY 13142 $599,000 ($66,556/Room)
INVESTMENT HIGHLIGHTS
- Front-row seat on the Salmon?River
- Historic 1880 Victorian charm, modern comforts
- 15 ready-to-rent guest beds + 4 long-term units
EXECUTIVE SUMMARY
Welcome to the iconic 1880 House — a rare and exceptional offering in the heart of Pulaski, NY. This unique listing includes three separate parcels: the beautifully preserved residence at 1 South Jefferson Street, the commercial-zoned property at 3 South Jefferson Street, and a 0.57-acre residential lot on River Road with scenic Salmon River views, currently used for overflow parking. Together, they offer over 7,000 square feet of living space, remarkable flexibility, and outstanding investment potential. The original structure was built in 1860, with the addition known as the 1880 House constructed later, blending rich history with timeless character. The entire property features 9 bedrooms, 6 full bathrooms, and 3 half bathrooms, with elegant original woodwork, hardwood floors, high ceilings, spacious gathering areas, a large kitchen, and multiple guest suites—ideal for entertaining, short-term rental income, or multi-generational living. Outdoor patios overlook the Salmon River, creating a peaceful retreat in every season. The 3 South Jefferson parcel is zoned commercial and offers excellent potential for office, studio, or professional use, most recently serving as an annex with a private living space and full bathroom. The River Road lot, zoned residential, adds flexibility for development, green space, or continued use as additional parking. Also listed as a commercial opportunity, this property is just steps from world-class salmon fishing and walking distance to Pulaski’s shops, restaurants, and seasonal farmers markets. With Lake Ontario nearby and Route 81 just minutes away, this is a truly one-of-a-kind chance to own a historic, income-producing, and highly versatile property in one of Central New York’s most treasured riverfront communities.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $88.00 | - |
PROPERTY TAXES
| Parcel Number | 355001-059-015-0005-001-000-0000 | Total Assessment | $122,000 |
| Land Assessment | $6,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $115,500 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
355001-059-015-0005-001-000-0000
Land Assessment
$6,500
Improvements Assessment
$115,500
Total Assessment
$122,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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