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Triplex with Waterfront Boat Slips

12093 County Route 125 Chaumont, NY 13622

12093 County Route 125, Chaumont, NY, 13622
$449,000
For Sale
$449,000

MULTI_FAMILY - Chaumont, NY

Property Size1,832 SF
Lot Size0.20 Acres
Price / SF$245.09
Days on Market15

Property Features for 12093 County Route 125

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Basement
Appliances
ElectricWaterHeater
Standard status
Active
APN
224401-061-051-0001-053-000
Size
1,832 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Annual Amount
5661

Utilities

Heating system
Propane (Heating), Baseboard
Water source
Public
Water front features
Lake
Water front
1

Building Details

Year built
1890
Floors in Building
2
Number of units
3
Flooring type
Varies, Laminate, Carpet
Building materials
VinylSiding
Listing agency Bridgeview Real Estate
Listed by Kirk Gilchrist · License #10401317321
Added: Jul 9 Updated: Jul 12 at 9:35AM Checked: Jul 23 at 6:06AM
MLS# S1697161

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale features a three-unit triplex described as fully updated, offering residential income in a waterfront setting. In addition to the rental units, the property includes up to 25 boat slips that can be rented.

An additional lot is also available for purchase, with the option to build on or use as presented in the remarks.

The combination of multifamily housing and boat-slip capacity is intended to support a multi-income setup for an owner-operator or investor, based on the information provided.

Key Highlights

  • Lakefront property built in 1890 with public water service
  • 3‑unit setup per public remarks
  • Up to 25 boat slips available and can be rented out, per public remarks

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.1k $12.60
− Vacancy −$1.5k −$0.84
EGI $21.5k $11.76
− OpEx −$6.5k −$3.53
NOI $15.1k $8.23
1,832 SF · lease $12.60/SF/yr · vacancy 6.65% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$215.5K
$188.6K – $251.4K (±1% cap)
NOI $15,084 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$192.8K
$168.7K – $224.9K (±1% cap)
NOI $13,494 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$505.0K
$441.9K – $589.2K (±1% cap)
NOI $35,350 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Building Supply HVAC Service Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Restaurant Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three fully updated units plus up to 25 rentable boat slips, with an additional lot also available.
Where is this triplex located?
The property is located at 12093 County Route 125 Chaumont, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Lakefront property built in 1890 with public water service; 3‑unit setup per public remarks; Up to 25 boat slips available and can be rented out, per public remarks
Contact an agent
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