Description
Take advantage of this rare multi-family waterfront investment opportunity on Lake Flower in Saranac Lake, NY. This cozy yet spacious home features 3-comfortable bedrooms and 2-bathrooms in the main house and an additional 1-bedroom and 1-bathroom attached apartment. Enjoy spectacular lake views, easy access to the Saranac Chain of Lakes, and the convenience of being close to downtown. This turnkey property boasts a successful short-term rental history, grossing $115,000 in rental income last year, and will be sold with established future bookings. The property is eligible to apply for a Bed and Breakfast permit in order to continue renting. Other features include a private dock, perfect for water activities and boating, and a cozy fireplace, ideal for snuggling up during the cooler months. Recent renovations to the property include renovated bathrooms, updated electricity, new baseboard heating, regraded driveway, waterfront outdoor lighting, PEX plumbing, and spray foam insulation.
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4BEDS
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0.22ACRES
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3BATHS
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01/2 BATHS
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2,545SQFT
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$312$/SQFT
Description
Take advantage of this rare multi-family waterfront investment opportunity on Lake Flower in Saranac Lake, NY. This cozy yet spacious home features 3-comfortable bedrooms and 2-bathrooms in the main house and an additional 1-bedroom and 1-bathroom attached apartment. Enjoy spectacular lake views, easy access to the Saranac Chain of Lakes, and the convenience of being close to downtown. This turnkey property boasts a successful short-term rental history, grossing $115,000 in rental income last year, and will be sold with established future bookings. The property is eligible to apply for a Bed and Breakfast permit in order to continue renting. Other features include a private dock, perfect for water activities and boating, and a cozy fireplace, ideal for snuggling up during the cooler months. Recent renovations to the property include renovated bathrooms, updated electricity, new baseboard heating, regraded driveway, waterfront outdoor lighting, PEX plumbing, and spray foam insulation.
© 2025 Adirondack-Champlain Valley Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team. Data last updated: 2025-02-09T15:30:23.443.