Description
Investment opportunity to own an 7 unit fully rented complex in the heart of the Lake Placid village. This building has years of steady income with the same owners for over 35 years. The units are all rented on month to month leases dating back to one from 1981! 24 hour notice needed for tenants. Unit #1 $510.00 has W&D hookups-2 BR #2 $650 includes all utilities- Studio #3 $600 plus elec.-one BR #4 $600 plus elec-one BR #5 $800 plus elec.-2 BR #6 $675 plus elec.-one BR #7 $585 plus elec. one BR
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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4,061SQFT
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$95$/SQFT
Description
Investment opportunity to own an 7 unit fully rented complex in the heart of the Lake Placid village. This building has years of steady income with the same owners for over 35 years. The units are all rented on month to month leases dating back to one from 1981! 24 hour notice needed for tenants. Unit #1 $510.00 has W&D hookups-2 BR #2 $650 includes all utilities- Studio #3 $600 plus elec.-one BR #4 $600 plus elec-one BR #5 $800 plus elec.-2 BR #6 $675 plus elec.-one BR #7 $585 plus elec. one BR
© 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: 2025-05-16T00:30:38.15.