Multifamily Property in Alexandria,
For Sale
$350,000
Pending
38 Walton St, Alexandria, NY 13607
Multifamily property with year-round and seasonal rental units.
Property Size5,616 SF
Lot Size1.50 Acres
Days on Market185
Property Features for 38 Walton St
General Information
Standard status
Pending
Size
5,616 SF
Lot size
1.50 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,954
Building Details
Building Size
5,616 SF
Year Built
1890
Stories
2
Units
5
Listing Agency:
Garlock Realty
Listed By:
Cathy F Garlock · License #40GA0888002
(315) 482-6000
Source:
Elliman
Added: Mar 11
Changed: Sep 10
Last Checked: Sep 10 at 11:10AM
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 Garlock Realty
Investment Insights
Based on property information with market context.
This commercial investment property is situated on 1.5 acres in the village and offers a water view of the main channel. The property includes a main house featuring 5 year-round rental units, along with an additional 8 units rented seasonally. A 3-bedroom, 1-bathroom home and a spacious garage are located behind the main house. The large parcel has potential for development into condos or a motel/hotel. The location is within walking distance to the river, shops, school, and downtown. There is ample room to add more units and spacious parking available. The owners have an excellent rental history.
Key Highlights
- Established commercial investment property in the 1000 Islands with excellent rental history.
- Large 1.5‑acre parcel with water view and development potential for condos or a motel/hotel.
- Includes five year‑round rental units and eight seasonal rental units.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
Explore this area
Business Placement
Demographics for 13607, NY
1,610
Population
2,079
Households
0.8
Avg Household Size
52
Median Age
34%
College-Educated
96%
High-School Grad
16.3 sq mi
ZIP Area
99
Density / Sq Mi
$58,167
Median Household Income
$45,625
Median Earnings
$649
Median Rent
$168,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with year-round and seasonal rental units.
Where is this apartment building located?
The property is located at 38 Walton St Alexandria, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Established commercial investment property in the 1000 Islands with excellent rental history.; Large 1.5‑acre parcel with water view and development potential for condos or a motel/hotel.; Includes five year‑round rental units and eight seasonal rental units.
