Lake Apartment Sale Pending

This 1,800 sq. ft. well-built, multi-unit home offers exceptional potential in a sought-after Lake Placid location. Featuring 3 bedrooms and 3.5 baths, the property is currently configured as two separate apartments but can easily be converted back to a 3-unit building.

With three separate 200-amp electrical panels and individual electric water heaters, this fixer-upper provides flexibility for future updates or expansion. Another exciting option is the potential to host short-term rentals.

Perfectly positioned near the new Adirondack Rail Trail, Jewtraw Park, and the Chubb River, outdoor recreation is at your doorstep. Plus, several popular restaurants are just a short walk away, adding to the appeal of this income-generating property.

A fantastic opportunity to create a high-performing investment property in Lake Placid's strong rental market!

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 1800
  • Year Built: 1930
  • Location: Chubb River Lake
  • Acres: 0.100
  • County: Essex County
  • Heat/AC: Baseboard
  • Siding: Vinyl Siding
  • Roof: Metal
  • Property Taxes: $1,127
  • MLS #: 203134

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: David Trahey, The Reynolds Group of Lake Placid, LLC, 518-524-7583, 518-418-7747 Listing Site, Listing Status: Pending
Copyright © 2024 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Apartment Sale Pending in Lake Placid, New York
Ad Number : 5416024
Viewed: 49 times
Added: Oct 01, 2024
Updated on: Oct 01, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.