Property profile

1817 Route 9 Keeseville, NY 12944

OFF-MARKET
Commercial real estate
4,717 SF 0.83 ac lot Built 1950
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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

Location

1817 Route 9 Keeseville, NY 12944
Keeseville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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