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Fully Rented 4-Plex Investment
For Sale
$249,000

53 Stratton Hill Road, West Chazy, NY 12992

Residential Income, West Chazy, NY

Property Size3,528 SF
Price / SF$70.58
Days on Market101

Property Features for 53 Stratton Hill Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking features Parking Lot, Off Street
Window features Wood Frames, Aluminum Frames
Interior features Apartment, High Speed Internet
Basement Full, Dirt Floor
Elementary school district Chazy
Middle school district Chazy
High school district Chazy
Directions Route 9 North. About 3 miles past Spellmann Road, Take a left on Stratton Hill Road. Property on left.
Subdivision Chazy, West Chazy, Altona
Standard status Active
APN 138.-1-36.2
Size 3,528 SF

Taxes and HOA fees

Tax Annual Amount 3551

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Oil, Forced Air
Water source Well

Amenities

common area with coin-op laundry
exterior porches

Building Details

Year built 1801
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Metal
Architectural style Other
Listing Agency: Century 21 The One · Century 21 Real Estate
Listed By: Patrick Holcombe
Added: May 12 Changed: Aug 19 Last Checked: Aug 20 at 10:06AM
MLS# 207175

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 fully rented 4-plex offers four separate apartment entrances, with each unit having both exterior and interior individual access. The building includes a common area with coin-op laundry. Heating is split among the units: three apartments use individual oil furnaces, while one has a propane monitor and electric heat. Tenants pay heat, electricity, and hot water.

Recent exterior updates include new porches and staircases. The property also has four new hot water tanks. One furnace is new, and the other two are from 2019. The exterior is brick construction with a metal roof.

Parking is provided with four garage stalls, plus off-street parking. Water is supplied by a well and wastewater is handled by a septic tank. The property is listed as built in 1801 and includes flooring finishes of carpet and vinyl.

Key Highlights

  • 3528 SF 4‑plex with four garage stalls plus off‑street parking
  • Three apartments have individual oil furnaces; one uses propane monitor and electric heat
  • Tenants pay heat, electricity, and hot water

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Food Market Farmer's Market Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 12992, NY

4,796
Population
1,837
Households
2.6
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
65.8 sq mi
ZIP Area
73
Density / Sq Mi
$78,214
Median Household Income
$46,496
Median Earnings
$895
Median Rent
$173,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four apartments each have individual exterior and interior entrances, with coin-op laundry and tenant-paid heat, electricity, and hot water.
Where is this quadplex located?
The property is located at 53 Stratton Hill Road West Chazy, 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: 3528 SF 4‑plex with four garage stalls plus off‑street parking; Three apartments have individual oil furnaces; one uses propane monitor and electric heat; Tenants pay heat, electricity, and hot water
More about this property
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