55 Broad St Plattsburgh, NY 12901
Property profile & analytics
55 Broad St Plattsburgh, NY 12901
- Commercial real estate
- 5,730 SF
- 0.19 lot acres
Property ID
US63-0708794
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 55 Broad St
- Year built
- 1960
- Lot size
- 0.19 lot acres
- Property size
- 5,730 SF
- Property type
- Commercial real estate
Description
This exceptional investment property, located at 55 Broad Street, Unit 55, Plattsburgh, NY, presents a unique opportunity in the thriving college town market. The property boasts a substantial 5,730 square feet of space, ideally configured to accommodate fourteen students comfortably. Situated on a 0.19-acre lot, this building offers ample space for both living and potential expansion. The current setup is specifically designed for college housing, making it an attractive option for investors seeking a stable and potentially high-yield rental income stream. The property's location in Plattsburgh, NY, provides easy access to local amenities, educational institutions, and transportation networks, ensuring high occupancy rates and strong rental demand. The asking price of $529,900 represents a compelling investment opportunity in a consistently performing market segment. This turnkey operation requires minimal capital expenditure to maintain its current functionality and high occupancy. The property's size and layout offer flexibility for future adaptations or upgrades, allowing for potential value appreciation over time. Serious investors are encouraged to explore this promising opportunity to acquire a well-established and profitable college housing property in a desirable location. This is a rare chance to secure a stable income stream in a growing market. The property is ready for immediate occupancy and income generation. Detailed financial information and property specifics are available upon request.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Plattsburgh
- County
- Clinton
- State
- New York
- Longitude
- -73.45982
- Latitude
- 44.69444
