Estimated payment $3,111/month
About This Home
Profitable Turnkey Investment Property on the Ausable River - $499,000
Take advantage of this rare opportunity to own a high-performing, fully furnished 4-unit property nestled along the scenic Ausable River. Just minutes from Whiteface Mountain, Lake Placid, Ausable Chasm, and all the natural wonders of the Adirondacks, this property is perfectly positioned to attract year-round visitors.
With a strong income history averaging $93,000 annually over the past 3 years, this property offers immediate cash flow and proven profitability. The flexible layout includes:
One 3-bedroom, 1-bath unit
Two 2-bedroom, 1-bath unit
One 1-bedroom, 1-bath unit
Each unit is thoughtfully appointed and comes fully furnished, allowing for a smooth and immediate transition for short-term or long-term rentals. Guests will love the serene river views, quick access to outdoor adventure, and proximity to some of the most popular destinations in the Adirondack region.
Whether you're expanding your portfolio or entering the vacation rental market, this is a turnkey investment with consistent returns and tremendous growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,801
Year Built
- Built in 1900
Parking
- Open Parking
Home Design
- Quadruplex
Interior Spaces
- 3,557 Sq Ft Home
- 2-Story Property
Additional Features
- River Access
- Waterfront
- 200+ Amp Service
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 7.76-3-22.000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $499,000 | -- | $140 / Sq Ft |
Source: Adirondack-Champlain Valley MLS
MLS Number: 204777
- 606 U S 9
- 140 Cedar Ln
- 132 Cedar Ln
- 309 Farrell Rd
- 38 Clarence Oliver Ln
- 1173 Sunset Dr
- 1183 Sunset Dr
- 197 Moss Rd
- L37.100 Moss Rd
- 883 S Mountain View Dr
- 1210 Sunset Dr
- 49 Gilliland Ln
- 1257 Sunset Dr
- 3749/3751 State Route 22
- 219 Green St
- 185 Moss Rd
- 249 Point Rd
- 1198 Middle Rd
- 96 Champine Way
- TBD Highland Rd
- 49 Nichols Rd
- 26 Ginkgo Way
- 101 Toad Ln
- 175 Palmer Ct
- 178 E Redrock Dr Unit 60
- 39 Central Ave Unit 2
- 1-7 Olde Orchard Park
- 1690 Shelburne Rd
- 144 Larkin Way
- 1185 Shelburne Rd
- 4 Rock Point Rd
- 27 Green Mountain Dr
- 150 Allen Rd E
- 316 Flynn Ave
- 1424 North Ave Unit 1424 1/2
- 365 Flynn Ave Unit 367 Flynn #2
- 14 Bacon St
- 70 Cambrian Way
- 56 Maple St Unit 56 Maple furnished apt
- 58 Maple St Unit 58 Maple St.