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20 Forge Street

Au Sable Forks, NY 12912
  • $90,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 203809
UPDATED: 57 min ago
$90,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,980
    SQFT
  • $30
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

**Handyman and Investor Opportunity** This 3-unit apartment building is full of potential. While it is currently vacant and in need of improvements, it was fully rented as recent as August 2024. According to Essex County Fair Market Rates for this area are as followed. Unit 1: 2bed - $1,170; Unit 2: 1 Bed $920; Unit 3: 3bed - $1,470. Total Projected income per year: $42,720. Fixed Expenses. Taxes: $6,531; Water/Sewer: $850; Insurance $1,300. Water and Heat are currently off, Power is on. With proper rehab and once fully rented at Fair Market Values this property has potential to generate immediate equity and cash flow.

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© 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: 2025-02-09T14:31:10.02.
www.adirondackwaterfronthomes.com/homes/159721329
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20 Forge Street Au Sable Forks, NY 12912

  • Price: $90,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 57 min ago
  • MLS #: 203809
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,980
SQFT
$30
$/SQFT
1920
Built
Neighborhood:
Jay, Wilmington
County:
Essex
Area:
Jay, Wilmington
School District:
Ausable Valley
Property Description
**Handyman and Investor Opportunity** This 3-unit apartment building is full of potential. While it is currently vacant and in need of improvements, it was fully rented as recent as August 2024. According to Essex County Fair Market Rates for this area are as followed. Unit 1: 2bed - $1,170; Unit 2: 1 Bed $920; Unit 3: 3bed - $1,470. Total Projected income per year: $42,720. Fixed Expenses. Taxes: $6,531; Water/Sewer: $850; Insurance $1,300. Water and Heat are currently off, Power is on. With proper rehab and once fully rented at Fair Market Values this property has potential to generate immediate equity and cash flow.
Exterior Features

Garage Spaces 0.00 Garage YN No

Interior Features

Appliances Electric Water HeaterGas Water HeaterFree-Standing RangeFree-Standing Gas Range Basement Unfinished Heating Oil

Property Features

Insurance Expense 1300.00 Tax Annual Amount 6351.30 Tax Assessed Value 179500.00 Zoning None

Listing courtesy of B.A. Straight Real Estate: (518) 946-2600.


© 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: 2025-02-09T14:31:10.02.
 
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Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team
80 Park Street
Tupper Lake NY, 12986