106 Montcalm St Ticonderoga, NY 12883-1398

This exceptional commercial property at 106 Montcalm Street, Ticonderoga, NY 12883, presents a lucrative investment opportunity. The 6,230 square foot lot encompasses a well-established multi-unit building featuring five apartments (three one-bedroom and two two-bedroom units), all currently leased, ensuring immediate rental income. A substantial commercial space on the main level is also under a long-term lease, further enhancing the property's financial stability. The property boasts a proven track record of excellent rental history. Conveniently located near Ticonderoga's vibrant downtown, this property offers easy access to restaurants, cafes, the post office, and the popular Star Trek event. Outdoor enthusiasts will appreciate the proximity to Bicentennial Park, La Chute River Falls, scenic walking trails, Mount Defiance, and Fort Ticonderoga. Lake Champlain and Lake George are also within a short driving distance, offering access to ferries to Vermont and recreational water activities. Ample parking is available on the side of the building, as well as on-street and public parking options nearby. This turnkey investment offers a rare chance to acquire a stable, high-yielding rental property in a desirable location. The asking price is $255,000. The 0.1-acre lot provides additional potential for future development or expansion. This is a truly exceptional opportunity for savvy investors seeking a strong return on investment.