25 Spruce Street, Champlain, NY 12919
MULTI_FAMILY - Other - Champlain, NY
- Added:
- Jun 25, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 26 at 6:06 am
Property Features for 25 Spruce Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Vinyl Frames
- Basement
- Crawl Space
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 18.19-2-8
- Size
- 1,678 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4947
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Linoleum, Laminate
- Building materials
- Vinyl Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Amy Provost (518) 569-5347
Listing office Ridgeline Realty Group 70 Court St, Plattsburgh, NY (518) 564-0206
Listing date Jun 25, 2026
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
- Triplex with three separate units: Unit A (3BR/1BA), Unit B (2BR/1BA), and Unit C (1BR/1BA)
- Appliances include range and refrigerator
- Heating: natural gas and hot water (heating)
- Roof is metal; exterior has vinyl siding
- Utilities: public water and public sewer
- Driveway parking; built in 1890
Overview
The property is located in the Village of Champlain, with convenient access to daily needs. Public remarks note that shopping, schools, and restaurants are just minutes away, and Interstate 87 is also nearby.
For tenants, the configuration provides a mix of unit types, including both larger and smaller layouts across the three homes. For buyers or owner-occupants, the setup can support a straightforward approach: keep all units rented, continue operating as a turnkey rental, or live in one unit while the other apartments help cover expenses. The property’s multi-unit design and existing rental history make it a practical choice for those seeking a manageable residential income building.
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 | $22.1k | $13.20 |
| − Vacancy | −$1.7k | −$1.00 |
| EGI | $20.5k | $12.20 |
| − OpEx | −$6.1k | −$3.66 |
| NOI | $14.3k | $8.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Champlain
- County
- Clinton
- State
- New York
- Longitude
- -73.448985
- Latitude
- 44.982757
