Property summary
This exceptional investment opportunity presents a well-maintained, fully leased multi-unit property situated in the heart of Downtown Plattsburgh, New York. The building encompasses a total of 3,140 square feet and currently comprises two residential apartments and two commercial units. This presents a diverse income stream and significant potential for future growth. The property is conveniently located, offering easy access to local amenities and businesses. One of the key features is the upstairs commercial unit, which has the potential to be easily converted into a two-bedroom apartment with a modest upgrade to the existing bathroom. A fully equipped kitchen is already in place. The building's current configuration as a mix of residential and commercial spaces provides a flexible and adaptable layout, catering to a variety of tenant needs and maximizing rental income. This property is an excellent choice for investors seeking a stable, high-yield investment in a thriving downtown location. The recent price reduction makes this an even more compelling opportunity. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property sits on a lot with zero acres. The asking price is $339,900.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm Child Welfare Organization
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Insurance Agency
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Tattoo & Piercing Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Plattsburgh, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 05 - COMMERCIAL in Plattsburgh, NY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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