Duplex with Two 2-Bed
42 Washington Avenue Rouses Point, NY 12979
42 Washington Avenue, Rouses Point, NY, 12979
$249,900
For Sale
$249,900
MULTI_FAMILY - Other - Rouses Point, NY
Property Size2,101 SF
Price / SF$118.94
Days on Market12
Property Features for 42 Washington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Basement
- Unfinished
- Standard status
- Active
- APN
- 20.10-5-18
- Size
- 2,101 SF
Taxes and HOA fees
- Tax Annual Amount
- 3786
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1860
- Floors in Building
- 2
- Building materials
- Wood Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agency
Kavanaugh Realty-Plattsburgh
(518) 562-4679
Listed by
Michael Rowe
(518) 593-9450
Added: Jul 10 Updated: Jul 18 at 10:00AM Checked: Jul 21 at 5:06PM
MLS# 207847
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.
Investment Insights
Based on property information with market context.
This duplex includes two spacious 2-bedroom units. The layout provides separate living space in a single property, making it well-suited for an owner-occupant who wants to live in one unit while renting the other.
The property is located in the heart of Rouses Point, with access to local shops, restaurants, schools, and the waterfront. Public remarks also note it is just minutes from the Canadian border and close to Montreal.
With two independent 2-bedroom residences under one roof, the building offers a straightforward residential income configuration for buyers evaluating a duplex structure in the Rouses Point area.
The property is located in the heart of Rouses Point, with access to local shops, restaurants, schools, and the waterfront. Public remarks also note it is just minutes from the Canadian border and close to Montreal.
With two independent 2-bedroom residences under one roof, the building offers a straightforward residential income configuration for buyers evaluating a duplex structure in the Rouses Point area.
Key Highlights
- Duplex built in 1860 featuring wood siding and a metal roof
- Two 2‑bedroom units—live in one and rent the other
- Public water and public sewer connection
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 | $27.7k | $13.20 |
| − Vacancy | −$2.1k | −$1.00 |
| EGI | $25.6k | $12.20 |
| − OpEx | −$7.7k | −$3.66 |
| NOI | $17.9k | $8.54 |
2,101 SF · lease $13.20/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.3K
$224.2K – $299.0K
NOI $17,938 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$227.8K
$199.3K – $265.8K
NOI $15,947 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$579.2K
$506.8K – $675.7K
NOI $40,541 @ 7.0% cap · market cap 16.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offering two spacious 2-bedroom units, suited for owner-occupancy with rental income.
Where is this duplex located?
The property is located at 42 Washington Avenue Rouses Point, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex built in 1860 featuring wood siding and a metal roof; Two 2‑bedroom units—live in one and rent the other; Public water and public sewer connection
