Two-Family Residential
20 Laclaire Street Hudson Falls, NY 12839
For Sale
$249,000
Pending
Well-maintained two-family home with separate utilities, updated interiors, and off-street parking plus storage above the garage.
Property Size1,834 SF
Days on Market40
Property Features for 20 Laclaire Street
General Information
- Standard status
- Pending
- Size
- 1,834 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 1900
Listing Agency:
Coldwell Banker Prime Properties
(518) 260-5007
Listed By:
Cynthia Cone · License #30BR0961805
(518) 260-5007
Source:
Compass
Added: Jun 15
Changed: Jul 23
Last Checked: Jul 23 at 2:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Properties
Investment Insights
Based on property information with market context.
This well-maintained two-family residence offers a largely mirrored layout between the first and second floors, with similar condition in each unit. Updates include newer windows on the first floor, freshly painted interiors, and newer flooring. Both units have washer/dryer hookups, and the home includes new appliances. There is also storage above the 1½-car garage.
The property provides plenty of off-street parking and includes a large landscaped yard.
The garage is sold as-is and will not be repaired, and utilities are separated for each unit.
The property provides plenty of off-street parking and includes a large landscaped yard.
The garage is sold as-is and will not be repaired, and utilities are separated for each unit.
Key Highlights
- Well‑maintained two‑family home built in 1900 with similar 1st- and 2nd‑floor layouts and condition
- Separate utilities for both units
- Newer windows on the first floor, along with freshly painted interiors and newer flooring
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 | $31.9k | $17.40 |
| − Vacancy | −$1.6k | −$0.86 |
| EGI | $30.3k | $16.54 |
| − OpEx | −$9.1k | −$4.96 |
| NOI | $21.2k | $11.58 |
1,834 SF · lease $17.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$303.4K
$265.4K – $353.9K
NOI $21,235 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$270.5K
$236.7K – $315.6K
NOI $18,934 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$455.0K
$398.1K – $530.8K
NOI $31,850 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with separate utilities, updated interiors, and off-street parking plus storage above the garage.
Where is this duplex located?
The property is located at 20 Laclaire Street Hudson Falls, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1900 with similar 1st- and 2nd‑floor layouts and condition; Separate utilities for both units; Newer windows on the first floor, along with freshly painted interiors and newer flooring
