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Adirondack Real Estate

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43 Hamilton Street, Plattsburgh, NY 12901

$3,388,888
Property Type: Commercial Sale Square Footage: 17,568 Lot Size (sq. ft.): 38,768 Status: Pending
Current Price: $3,388,888 List Date: 6/17/2026 Last Modified: 9/04/2026

Description

Position your portfolio for success with this income-producing multifamily investment in one of Plattsburgh's most desirable locations. Overlooking beautiful Lake Champlain and just minutes from downtown, SUNY Plattsburgh, CVPH, shopping, and waterfront recreation, this property offers the combination of location, convenience, and long-term rental demand that investors seek. The building features multiple residential units, off-street parking, on-site laundry, and attractive lake views that help drive tenant appeal. Whether you're looking to expand your investment portfolio or secure a property with strong income potential, 43 Hamilton Street delivers an opportunity to build wealth in a high-demand rental market

More Information MLS# 207603

Contract Information

Short Term Rental Options: Property is not available to host any STR Current Price: $3,388,888 Original List Price: 3500000 List Price: $3,388,888 Status: Pending Listing Contract Date: 2026-06-14 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 72936.95 Land Tax Annual Amount: 25117 Deed Date: 2022-01-07

General Property Information

Tax Assessed Value: 2590000 Lot Size Dimensions: 225x175 Building Area Total: 17568 Year Built: 1978 Open Parking YN: 1 Open Parking Spaces: 50 Parking Total: 50 Lot Size Acres: 0.89

Status Change Information

Status Change Timestamp: 2026-09-04 Major Change Timestamp: 2026-09-04T17:54:00Z Major Change Type: Status Change Price Change Timestamp: 2026-07-28T18:44:21Z Under Contract Date: 2026-09-04

Appliances

Dishwasher: 1 Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Refrigerator: 1

Basement

Exterior Entry: 1 Finished: 1 Full: 1

Construction Materials

Aluminum Siding: 1 Brick: 1 Cedar: 1

Cooling

Separate Meters: 1

Deed Details

Instrument: liber:20223 Page: 21876

Documents Available

Deed: 1

Electric

Net Meter: 1

Exterior Features

Balcony: 1

Financial Details

School Taxes: 47819.95

Foundation Details

Block: 1

Heating

Baseboard: 1 Electric: 1

Laundry Features

Common Area: 1 In Basement: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

City Lot: 1 Cleared: 1 Corner Lot: 1 Landscaped: 1

Road Frontage Type

City Street: 1 Public: 1

Road Surface Type

Asphalt: 1

Roof

Asphalt: 1 Flat: 1 Rolled/Hot Mop: 1

Sewer

Public Sewer: 1

Structure Type

Multi Family: 1

View

Lake: 1

Water Source

Public: 1

Income and Expenses

Lawn Care/Snow Removal Expense: 5250 Vacancy Allowance Rate: 6831 Maintenance Expense: 12000 Manager Expense: 12000 New Taxes Expense: 82004 Operating Expense: 152272 Total Actual Rent: 435549 Trash Expense: 7680 Water Sewer Expense: 12124

Owner Pays

Common Area Maintenance: 1 Exterior Maintenance: 1 Insurance: 1 Management: 1 Snow Removal: 1 Taxes: 1

Tenant Pays

Electricity: 1 Water: 1

Building Features

Apartments: 1

Location Tax and Legal

Street Number: 43 Street Name: Hamilton Street Suffix: Street County: Clinton State: NY Postal Code: 12901 MLS Area Major: City of Plattsburgh Township: Plattsburgh School District: Plattsburgh Parcel Number: 207.20-3-14 Directions: GPS

Unit Details

Number Of Units Leased: 29

Property Features

Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Refrigerator Basement: Exterior Entry; Finished; Full Building Features: Apartments Construction Materials: Aluminum Siding; Brick; Cedar Cooling: Separate Meters Documents Available: Deed Electric: Net Meter Exterior Features: Balcony Foundation Details: Block Heating: Baseboard; Electric Laundry Features: Common Area; In Basement Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: City Lot; Cleared; Corner Lot; Landscaped Owner Pays: Common Area Maintenance; Exterior Maintenance; Insurance; Management; Snow Removal; Taxes Road Frontage Type: City Street; Public Road Surface Type: Asphalt Roof: Asphalt; Flat; Rolled/Hot Mop Sewer: Public Sewer Structure Type: Multi Family Tenant Pays: Electricity; Water View: Lake Water Source: Public
Listing Courtesy of Coldwell Banker Whitbeck Assoc. Plattsburgh
IDX
Information deemed reliable but not guaranteed.
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