9076 Rt-289, Adams, NY 13605

Excellent income-producing property located directly on Sandy Creek with strong occupancy history and multiple income streams. This 7-unit property features a desirable mix of long-term and short-term rentals. Five units are currently leased between $850-$900/month with opportunity for rent increases. The 6th unit operates as a nightly rental at $95/night, offering additional income flexibility. The owner currently occupies the 7th unit, a spacious 3-bedroom with projected market rent estimated around $1,400/month (subject to market conditions and tenant demand). The property has been very well maintained over time, with various updates throughout. Apartment D was fully renovated in 2024, and several hot water heaters have been replaced. All units are located on a single level for easy access and lower maintenance. Each apartment features in-unit laundry and private balconies, with two units including garages. An additional detached garage offers the possibility for conversion into an … read more …