$155,000
Here's a 3-unit cash-cow property in Ticonderoga with plenty of ways to make it work, set against the scenic La Chute River and a beautiful Adirondack mountain backdrop. The building holds three apartments: a one-bedroom, a two-bedroom, and a three-bedroom, each with its own full bath. Units B and C are occupied, and Unit A is vacant. You can move in, use the unit as your own home, or lease it and add to the income.
The current owners have put real work into it. There's a new furnace, new monitor heating units, along with updated flooring, fresh paint, added closets and bedrooms. Two of the units have washer and dryer hook-ups. One unit needs updating, which gives a new owner room to add value. The landlord covers water, sewer, and garbage pickup, while tenants handle electric, heat, and cable, which keeps the numbers simple to manage.
Plenty of parking and a detached garage for storage make everyday life easier. You're just minutes from town amenities, the college and the area lakes are a short drive away.
Live in one unit and let the other two help cover your expenses, or hold all three as an investment. Either way, the groundwork is already in place.
6
Beds
⋅
3
Baths
⋅
202629811
MLS
134 Burgoyne Road, Ticonderoga
