Address: 19 Locust St, Champlain, NY 12919, USA
Property Description
Great opportunity for an owner-occupant or investor! Live in one unit while rental income from the other two units helps offset your mortgage. This income-producing three-unit property features long-term tenants and solid rents with current gross annual income of $35,580. Unit One occupies the entire first floor and offers a spacious three-bedroom, one-bath apartment with private laundry and a screened-in front porch. Units Two and Three, located upstairs, offer a two-bedroom, one-bath apartment and a one-bedroom, one-bath apartment. The upstairs units share first-floor laundry, featuring a brand-new stacked washer and dryer. The property sits on a large, private lot with a detached two-car garage featuring brand-new garage doors, plus an additional 10' x 20' storage building. Both the garage and storage building have new electrical wiring and panels. Some replacement vinyl windows have also been installed throughout the property. Numerous improvements have been completed over the past two years, making this a great opportunity for someone looking to build equity while generating rental income. Ample parking and a private setting add to the appeal of this unique multi-unit property.