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48 Mckinley Street

Lake Placid, NY 12946
  • $749,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 204269
Price Reduced
UPDATED: 27 min ago
$749,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,056
    SQFT
  • $245
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2004
County:
Area:

School Ratings & Info

School District:

Description

Well-maintained 4 unit multi-family/apartment building with 1 car garage with additional storage space, and 4 separate locked storage units in the back of the garage. All 4 apartments consist of 2 bedrooms, 1 full bath, clothes washer and clothes dryer, water heater, and separate electric meters. Additionally, each apartment comes furnished, each unit has a covered deck out the back via a sliding door from 1 of the 2 bedrooms, and there are 8 parking spaces to accommodate 2 cars per apartment. Common areas include perennial gardens, side fencing, large backyard with deck and a barbeque. A serene setting including a brook in the back. There is also a lovely public park directly across the street. The property is conveniently located walking distance to the Main Street shops and restaurants, or to visit the Olympic Center, the public beach on Mirror Lake and more! Great investment with 4 leases in place.

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© 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: 2025-05-16T07:30:27.373.
www.adirondackwaterfronthomes.com/homes/162557154
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48 Mckinley Street Lake Placid, NY 12946

  • Price: $749,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 27 min ago
  • MLS #: 204269
0
Beds
0
Baths
0
½ Baths
0.63
Acres
3,056
SQFT
$245
$/SQFT
2004
Built
Neighborhood:
Lake Placid
County:
Essex
Area:
Lake Placid
School District:
Lake Placid
Property Description
Well-maintained 4 unit multi-family/apartment building with 1 car garage with additional storage space, and 4 separate locked storage units in the back of the garage. All 4 apartments consist of 2 bedrooms, 1 full bath, clothes washer and clothes dryer, water heater, and separate electric meters. Additionally, each apartment comes furnished, each unit has a covered deck out the back via a sliding door from 1 of the 2 bedrooms, and there are 8 parking spaces to accommodate 2 cars per apartment. Common areas include perennial gardens, side fencing, large backyard with deck and a barbeque. A serene setting including a brook in the back. There is also a lovely public park directly across the street. The property is conveniently located walking distance to the Main Street shops and restaurants, or to visit the Olympic Center, the public beach on Mirror Lake and more! Great investment with 4 leases in place.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials AsphaltAluminum Siding Exterior Features BalconyStorageOutdoor GrillLightingBarbecue Fencing PrivacyVinyl Garage Spaces 1.00 Garage YN Yes Lot Features Back YardViewsPavedLevelGardenFront YardFew TreesCleared Open Parking Spaces 8.00 Parking Features AsphaltParking LotPavedOff StreetGarage Faces FrontDriveway Patio And Porch Features CoveredRear Porch Roof AsphaltShingle Structure Type Multi Family

Interior Features

Appliances DryerWasherRefrigeratorMicrowaveFree-Standing Electric OvenElectric RangeDishwasher Basement Crawl SpaceUnfinishedExterior EntryDirt Floor Cooling Ceiling Fan(s) Fireplace YN No Heating BaseboardElectric Interior Features Apartment Laundry Features In Unit

Property Features

Association YN No Listing Terms 1031 ExchangeConventionalCash Other Structures Garage(s)Storage Owner Pays ElectricityWaterSewerSnow Removal Road Frontage Type Public Road Surface Type Paved Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Tax Annual Amount 4252.86 Tax Assessed Value 317000.00 Utilities Electricity ConnectedInternet ConnectedWater ConnectedSewer Connected View Mountain(s)Neighborhood Water Source Public Waterfront YN No Zoning Residential

Listing courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService: (518) 523-3333.


© 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: 2025-05-16T07:30:27.373.
 
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Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team
80 Park Street
Tupper Lake NY, 12986