For Sale
Multifamily

72 Cornelia Street

$298,000

72 Cornelia Street Plattsburgh, NY 12901

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About this listing

DESCRIPTION

Centrally located up/down duplex currently used as student housing, offering two large 3-bedroom, 1-bath units, each with laundry. The property is well-maintained and has demonstrated stable performance year after year with efficient operating costs. Rents are under market, creating room for increased income, and utilities could be shifted to tenants. Both units are leased through May 2026, and there is already interest for the following academic year. This property could also be highly profitable as a long-term rental or converted into furnished, short-term housing, with long-term rents projected to approach $40,000 annually. A versatile and attractive investment opportunity.

  • Building Size

    2,740 sqft

  • Lot Area

    0.1 acres

  • Year Built

    1900

  • Zoning

    Residential

  • MLS ID

    206281


Details

  • • Annual Tax: $ 5560.0
  • • Average Occupancy Rate: 100.0

Map





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