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75 Margaret Street

Saranac Lake, NY 12983
  • $325,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 203825
UPDATED: 49 min ago
$325,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,512
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Ratings & Info

School District:

Description

Welcome to 75 Margaret Place, a beautifully maintained historic home in the heart of Saranac Lake with roots dating back to 1911 as the Garwood Cottage and later the Sarnsky Cottage in 1929. This charming property offers the perfect blend of historic character and modern upgrades, all within walking distance to everything the village has to offer. Featuring two well-maintained units, the main level consists of a 1-bedroom, 1-bath apartment, while the upper level offers a spacious 2-bedroom, 1-bath layout. Ideal for owner-occupants or investors seeking stable passive income, the downstairs unit has been tastefully renovated and is in impeccable condition, making it an attractive space for tenants or owners alike, while the current tenant's rent helps cover the mortgage. The upstairs apartment boasts spacious rooms, charming wood details, abundant natural light, and a bonus room that can serve as a third bedroom or office space. Additional features include a two-car garage with a spacious patio above that's perfect for entertaining or relaxing by a fire pit, ample storage in the basement, and two washer/dryer units for added convenience. Don't miss this rare opportunity to own a piece of Saranac Lake history while enjoying modern comforts and financial benefits--it won't last long!

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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: 2025-02-09T14:31:10.02.
www.adirondackwaterfronthomes.com/homes/159823867
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75 Margaret Street Saranac Lake, NY 12983

  • Price: $325,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 49 min ago
  • MLS #: 203825
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1,512
SQFT
$215
$/SQFT
1910
Built
Neighborhood:
Saranac Lake, Raybrook
County:
Franklin
Area:
Saranac Lake, Raybrook
School District:
Saranac Lake
Property Description
Welcome to 75 Margaret Place, a beautifully maintained historic home in the heart of Saranac Lake with roots dating back to 1911 as the Garwood Cottage and later the Sarnsky Cottage in 1929. This charming property offers the perfect blend of historic character and modern upgrades, all within walking distance to everything the village has to offer. Featuring two well-maintained units, the main level consists of a 1-bedroom, 1-bath apartment, while the upper level offers a spacious 2-bedroom, 1-bath layout. Ideal for owner-occupants or investors seeking stable passive income, the downstairs unit has been tastefully renovated and is in impeccable condition, making it an attractive space for tenants or owners alike, while the current tenant's rent helps cover the mortgage. The upstairs apartment boasts spacious rooms, charming wood details, abundant natural light, and a bonus room that can serve as a third bedroom or office space. Additional features include a two-car garage with a spacious patio above that's perfect for entertaining or relaxing by a fire pit, ample storage in the basement, and two washer/dryer units for added convenience. Don't miss this rare opportunity to own a piece of Saranac Lake history while enjoying modern comforts and financial benefits--it won't last long!
Exterior Features

Construction Materials StoneWood Siding Foundation Details StonePoured Garage Spaces 2.00 Roof Asphalt Structure Type Multi Family

Interior Features

Appliances RangeWasher/DryerWasher Basement Walk-Up Access Heating Oil Interior Features Apartment Laundry Features In BasementIn UnitCommon Area

Property Features

Gross Income 29880.00 Listing Terms CashConventional Owner Pays Common Area MaintenanceWaterSewerInsuranceGas Road Frontage Type Public Sewer Public Sewer Tax Annual Amount 2383.77 Tax Assessed Value 190001.00 Utilities Electricity Connected Water Source Public

Listing courtesy of Merrill L. Thomas, Inc.: (518) 523-2519.


© 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: 2025-02-09T14:31:10.02.
 
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Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team
80 Park Street
Tupper Lake NY, 12986