Description
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.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,557SQFT
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$140$/SQFT
Description
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.
© 2025 Adirondack-Champlain Valley Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team. Data last updated: 2025-06-15T10:30:25.527.