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    OFF-MARKET
    Commercial real estate

    1817 Route 9, Keeseville, NY 12944

    4,717 SF 0.83 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional Keeseville, NY investment opportunity encompasses a substantial 4,717 square foot property situated on a 0.83-acre lot at 1817 Route 9, Unit 1817. The property includes a charming four-bedroom, two-bathroom house, presenting immediate income potential or comfortable living. Adjacent to the house is a building currently requiring finishing touches to be converted into two separate one-bedroom apartments, significantly increasing the property's rental income. This presents a unique chance to capitalize on the strong rental market. The property's strategic location offers easy access to local amenities, including nearby shops, schools, and restaurants, ensuring high tenant demand. Its proximity to popular attractions further enhances its appeal. Ausable Chasm is less than two miles away, providing recreational opportunities, while Plattsburgh is a convenient 25-minute drive, and Lake Placid is accessible within 45 minutes. This versatile property is ideal for investors seeking a high-return opportunity with significant upside potential in a desirable location. The combination of existing residential space and the easily convertible apartment building makes this a truly unique and lucrative investment. The substantial lot size offers additional possibilities for future development or expansion. Don't miss this chance to acquire a valuable asset in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Total area 4,717 SF
    Lot 0.83 ac (36,155 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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