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    Well-Maintained Duplex Near Plattsburgh Amenities Title is generated by Realmo AI

    24-26 Fay Lane, Plattsburgh, NY 12901

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    Claim this Listing
    Pending
    $495,000

    MULTI_FAMILY - Ranch - Plattsburgh, NY

    Type:Single Family Residence
    Property size:
    3,178 SF
    Lot size:
    0.80 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    151
    Last Refresh:
    Jun 29 at 3:06 am

    Property Features for 24-26 Fay Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Parking
    4
    Parking features
    Off Street, Open, Garage
    Window features
    Vinyl Frames
    Patio and Porch features
    Porch, Patio
    Interior features
    Granite Counters, Ceiling Fan(s), Jetted Tub, Open Floorplan, Walk-In Closet(s)
    Appliances
    Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
    Standard status
    Pending
    APN
    205.-1-1-12.26
    Size
    3,178 SF
    Lot size
    0.80 Acres

    Taxes and HOA fees

    Tax Annual Amount
    11453

    Utilities

    Utilities
    Phone Available
    Sewer type
    Septic Tank
    Heating system
    Radiant, Hot Water(Heating), Radiant Floor, Natural Gas
    Water source
    Public

    Building Details

    Year built
    2008
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile - Ceramic, Carpet
    Building materials
    Asphalt, HardiPlank Type
    Roof type
    Asphalt
    Architectural style
    Ranch

    We can help!

    Contact an agent
    Denise Calkins Ryder
    Denise Calkins Ryder

    Listing agent Denise Calkins Ryder License #30RY0661844

    Listing office REMAX North Country 68 Cornelia Street, Plattsburgh, NY

    Listing date Jan 29, 2026

    MLS# 206497 Listing URL

    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.

    HighLights

    • 2008‑built side‑by‑side duplex with 2 separate units
    • Each unit offers 3 bedrooms and 2 full baths with an open floorplan
    • Kitchens in each unit feature granite counters and a separate dining area
    • Radiant in‑floor heating and natural gas connected, plus natural gas hot water
    • Attached 2‑car garage; parking includes open and off‑street spaces
    • Long‑term tenants in place; tenants pay utilities

    Overview

    This well-maintained duplex features a mirror-image side-by-side layout, situated on a dead-end street, minutes from the amenities of the City of Plattsburgh. It presents a potential opportunity for owner-occupation and/or rental income. Each spacious unit includes a large kitchen equipped with granite countertops and a separate dining area. Each unit also offers 3 bedrooms and 2 full baths. Flooring consists of ceramic tile and some carpeting. Each unit has a back porch for entertaining; one is screened, and the other is open. Natural gas is connected for radiant in-floor heating and hot water. An attached 2-car garage is included. Currently, both units have long-term tenants who are responsible for paying the utilities. The property is located in Plattsburgh, NY.

    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 $41.9k $13.20
    − Vacancy −$3.2k −$1.00
    EGI $38.8k $12.20
    − OpEx −$11.6k −$3.66
    NOI $27.1k $8.54
    3,178 SF · lease $13.20/SF/yr · vacancy 7.60% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $387.6K
    $339.2K – $452.2K (±1% cap)
    NOI $27,133 @ 7.0% cap · market cap 5.48%
    Second Best
    Apartment 5plus
    $344.6K
    $301.5K – $402.0K (±1% cap)
    NOI $24,121 @ 7.0% cap · market cap 4.87%
    Theoretical Best
    Office A
    $876.0K
    $766.5K – $1.02M (±1% cap)
    NOI $61,323 @ 7.0% cap · market cap 12.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Grocery & Convenience Store Bar & Pub Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Plattsburgh
    County
    Clinton
    State
    New York
    Longitude
    -73.563456
    Latitude
    44.714836

    FAQs

    What type of property is this?
    Duplex - Spacious duplex with rental income potential near Plattsburgh amenities.
    Where is this duplex located?
    The property is located at 24-26 Fay Lane Plattsburgh, NY.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 2008‑built side‑by‑side duplex with 2 separate units; Each unit offers 3 bedrooms and 2 full baths with an open floorplan; Kitchens in each unit feature granite counters and a separate dining area
    More about this property
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