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Off market
  • Price Unknown

    14190 Nys Route 9n, Au Sable Forks, NY 12912

    8beds
    4,727sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,400 Estimated rent

    What's special

    Adirondack riverside retreat 4 unit riverside building in the town of Au sable forks ny. River front property= adds a competitive advantage to our STR listings and is a guest favorite. 549 reviews and counting. Excellent location- in the heart of Adirondacks, close to many attraction/mountains etc. 30 minutes to lake placid. Only 15 minutes to whiteface ski resort -giving us a solid winter business and a competitive advantage. Unit 1-3 bed & 1 bath Unit 2-2 bed & 1 bath Unit 3- 2 bed & 1 bath Unit 4- 1 bed & 1 bath Turnkey- building was completely gutted to studs in 2020-new wiring, plumbing, Sheetrock, updated insulation, flooring, new fixtures, siding, etc etc. most all furniture was new in 2020/2021. 3 separate private outdoor seating areas overlooking river-new fence and sod 2021. Huge upside potential-we’ve only primarily used air b and b, only just started using vrbo. We’ve done no marketing and have not used any of the other listing services. With the proper management we know the following numbers could be increased. Approximate income by year- 2022-115k 2023-99k 2024-88k (we blocked off some time for personal use) 2025-mid to high 90’s projected Expenses-approx 12k per year. *** I can get exact numbers for serious offers-all income is on the books and documentable-mostly through air b and b app. Immediate cash return-July and August are our busiest months-historically 25-33k in those two months alone, giving new buyer quick cash return. Reason for selling- we found a better investment property that fits our future goals which we hope to close on in May. Links to listings and additional photos. https://www.airbnb.com/l/ISQD8gb0 https://www.airbnb.com/l/x14eVHis https://www.airbnb.com/l/T5q6Q1tK https://www.airbnb.com/l/cv0UUnwJ We will be blocking some time off this month and beginning of May for in person showings. All furniture included. Cleaner willing to stay on for new owner-reliable and affordable. Priced to sell at 549k Thanks for looking, Chris- Cash2722@me.com

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Interior area
    • Total interior livable area: 4,727 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Au Sable Forks
    Services availability