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Upgraded Quadplex with Porch
For Sale
$275,000
Pending

19 Vine Street, Keeseville, NY 12944

Residential Income, Keeseville, NY

Property Size2,708 SF
Lot Size0.20 Acres
Days on Market139

Property Features for 19 Vine Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Parking features Driveway
Patio and Porch features Porch
Elementary school district Ausable Valley
Middle school district Ausable Valley
High school district Ausable Valley
Directions from blinking light at the intersection of Route 9 (Front St) and Route 22 (Main St) go east on Kent St and then turn right onto Vine St. Property is second house on the right.
Subdivision Keeseville, Port Kent, Chesterfield, AuSable
Standard status Pending
APN 4.37-3-11.000
Size 2,708 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 3824

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1948
Floors in Building 2
Number of units 4
Roof type Asphalt
Listing Agency: Davidson Real Estate Group, LLC
Listed By: Barbara Davidson
Added: May 20 Changed: Aug 19 Last Checked: Oct 5 at 5:06PM
MLS# 207266

Copyright © 2026 Adirondack Champlain Valley MLS. 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 2,708-square-foot quadplex, built in 1948, sits on a 0.2-acre residential parcel. The property has received multiple upgrades and includes a porch, driveway parking, an asphalt roof, public water, and public sewer service. Cable is available.

Two units currently have leases in place, while the owners occupy unit #2. The remaining two units are expected to be advertised after unit improvements are completed. The property is located in Keeseville, NY, within Essex County, and is designated Residential zoning.

Key Highlights

  • Quadplex containing 2,708 square feet on 0.2 acres
  • Built in 1948 with multiple upgrades completed
  • Two leases currently in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,120
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,400 $462.4K
Cap Rate 7%
$330,286 $330.3K
Cap Rate 9%
$256,889 $256.9K
Market Conditions
NOI Build-Up for 2,708 SF
Gross rent
$35.7K $13.20/SF
− Vacancy
−$2.7K −$1.00/SF
EGI
$33.0K $12.20/SF
− OpEx
−$9.9K −$3.66/SF
NOI
$23.1K $8.54/SF
Area
Clinton County, NY
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,400
Cap Rate 7%
$330,286
Cap Rate 9%
$256,889

Alternative Uses

Best Use
Multifamily LT 5
$330.3K
$289.0K – $385.3K (±1% cap)
NOI $23,120 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$293.6K
$256.9K – $342.6K (±1% cap)
NOI $20,554 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$746.5K
$653.2K – $870.9K (±1% cap)
NOI $52,254 @ 7.0% cap · market cap 19.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Law Firm Building Supply Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 12944, NY

4,088
Population
2,008
Households
2
Avg Household Size
44
Median Age
26%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
45
Density / Sq Mi
$70,375
Median Household Income
$37,070
Median Earnings
$1,070
Median Rent
$150,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property with existing leases, owner occupancy, and planned improvements to two additional units.
Where is this quadplex located?
The property is located at 19 Vine Street Keeseville, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Quadplex containing 2,708 square feet on 0.2 acres; Built in 1948 with multiple upgrades completed; Two leases currently in place
More about this property
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