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815 State Route 86

Saranac Lake, NY 12939
  • $425,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 203710
UPDATED: 31 min ago
$425,000
  • 0
    BEDS
  • 3.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,248
    SQFT
  • $131
    $/SQFT
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

School District:

Description

Nicely maintained 4 unit apartment building outside of Saranac Lake. 3- 1 bedroom apartments and 1- 2 bedroom. Strong rental income and history with minimal expenses. 3 miles to Paul Smiths college, 7 miles to town. Property grosses $46,800 a year Owner is a Licensed Real Estate Agent

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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: 2025-01-19T18:30:26.29.
www.adirondackwaterfronthomes.com/homes/159177839
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815 State Route 86 Saranac Lake, NY 12939

  • Price: $425,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 31 min ago
  • MLS #: 203710
0
Beds
0
Baths
0
½ Baths
3.35
Acres
3,248
SQFT
$131
$/SQFT
1945
Built
Neighborhood:
Paul Smiths, Rainbow Lake, Gabriels
County:
Franklin
Area:
Paul Smiths, Rainbow Lake, Gabriels
School District:
Saranac Lake
Property Description
Nicely maintained 4 unit apartment building outside of Saranac Lake. 3- 1 bedroom apartments and 1- 2 bedroom. Strong rental income and history with minimal expenses. 3 miles to Paul Smiths college, 7 miles to town. Property grosses $46,800 a year Owner is a Licensed Real Estate Agent
Exterior Features

Attached Garage YN No Carport YN Yes Construction Materials Wood Siding Exterior Features GardenStorage Foundation Details BlockStone Garage Spaces 0.00 Garage YN No Lot Features Back Yard Open Parking Spaces 8.00 Parking Features Asphalt Patio And Porch Features Front Porch Roof Asphalt Structure Type Multi FamilyQuadruplex

Interior Features

Appliances Free-Standing Electric RangeWater HeaterFree-Standing Refrigerator Basement BlockNo Inside EntryExterior EntryCrawl Space Cooling None Heating Electric Interior Features Apartment Laundry Features None

Property Features

Gross Income 46800.00 Insurance Expense 2850.00 Listing Terms 1031 ExchangeVA LoanFHAConventionalCash Owner Pays InsuranceTrash CollectionTaxes Road Frontage Type County Road Road Surface Type Paved Sewer Engineered Septic Tax Annual Amount 3500.00 Tax Assessed Value 266700.00 Trash Expense 600.00 Utilities Electricity Connected Water Source Well Dug

Listing courtesy of Say Real Estate: .


© 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: 2025-01-19T18:30:26.29.
 
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Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team
80 Park Street
Tupper Lake NY, 12986