For Sale
$529,900

55 Broad St Plattsburgh, NY 12901

14-Student College Housing, 5,730 sq ft

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment property, located at 55 Broad Street, Unit 55, Plattsburgh, NY, presents a unique opportunity in the thriving college town market. The property boasts a substantial 5,730 square feet of space, ideally configured to accommodate fourteen students comfortably. Situated on a 0.19-acre lot, this building offers ample space for both living and potential expansion. The current setup is specifically designed for college housing, making it an attractive option for investors seeking a stable and potentially high-yield rental income stream. The property's location in Plattsburgh, NY, provides easy access to local amenities, educational institutions, and transportation networks, ensuring high occupancy rates and strong rental demand. The asking price of $529,900 represents a compelling investment opportunity in a consistently performing market segment. This turnkey operation requires minimal capital expenditure to maintain its current functionality and high occupancy. The property's size and layout offer flexibility for future adaptations or upgrades, allowing for potential value appreciation over time. Serious investors are encouraged to explore this promising opportunity to acquire a well-established and profitable college housing property in a desirable location. This is a rare chance to secure a stable income stream in a growing market. The property is ready for immediate occupancy and income generation. Detailed financial information and property specifics are available upon request.

Property Details for 55 Broad St

Property type
Commercial real estate
Square Feet
5,730 SF
Year Built
1960
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Plattsburgh
County
Clinton
State
New York
Latitude
44.69444
Longitude
-73.45982

FAQs

What type of property is this?
Commercial real estate - 14-Student College Housing, 5,730 sq ft
Where is the commercial real estate located?
The property is located at 55 Broad St Plattsburgh, NY.
What is the asking price?
The asking price for this property is $529,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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55 Broad St
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