Au Sable Forks See all listings
14217+19 NYS Route 9N, Au Sable Forks, NY 12912
$630,000
MLS# 206374
Listing Courtesy of: Coldwell Banker Whitbeck Assoc-Saranac Lake
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Overview
Exceptional opportunity to acquire a high-performing 9-unit multi-family portfolio in the heart of AuSable Forks. This package consists of two well-maintained, neighboring buildings being sold together, offering immediate scale and a gross monthly income of $8,925.
Highlights:
Diverse Unit Mix: (1) 3BR unit, (3) 2BR units, (4) 1BR units, and (1) Studio.
Low Owner Expenses: Units are separately metered for utilities, protecting your margins.
Strategic Location: Situated 20 minutes from Whiteface Ski Resort and 30 minutes from Lake Placid and Plattsburgh—prime for workforce or recreational housing.
Turnkey Operations: Ample off-street parking and a high-occupancy history.
The property is within walking distance to local amenities, including coffee shops, bars, and restaurants, ensuring high tenant retention. With a strong day-one cap rate and a location central to the Adirondack High Peaks region, this is an ideal addition for the sophisticated commercial investor.
Details & Amenities
Listing Details
- MLS #: 206374
- Status: Active
- Date Listed: 12-24-2025
- Sq. Ft: 7,326
- Acreage: 0.3
- Seasonal Property: No
- Listing Agent: Jack Newberry
- Listing Courtesy of: Coldwell Banker Whitbeck Assoc-Saranac Lake
Interior Features
- Heating Type: Electric, Propane
Exterior & Lot Features
- County: Essex
- Town: Au Sable Forks
- Township: AuSable
- School District: Ausable Valley
- Views: Downtown
- Lot Size Area: 0.3
- Road Type: Paved
- Sewer: Septic Tank
Building & Construction
- Annual Taxes: $14,568
- Year Built: 1920
- Parking Features: On Site
- Exterior Siding: Wood Siding
- Roof Type: Aluminum, Shingle
- Water Source: Public
- Features: Apartments