Estimated payment $3,245/month
About This Home
Profitable Turnkey Investment Property on the Ausable River - $499,000Take 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 unitTwo 2-bedroom, 1-bath unitOne 1-bedroom, 1-bath unitEach 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,801
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Waterfront
Parking
- Open Parking
Interior Spaces
- 3,557 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Additional Features
- River Access
- 200+ Amp Service
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 | Change | Sq Ft Price |
---|---|---|---|---|
06/05/2025 06/05/25 | For Sale | $499,000 | -- | $140 / Sq Ft |
Source: Adirondack-Champlain Valley MLS
MLS Number: 204827
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