Lake Placid NY Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
3,478
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1960
Baths:
MLS#:
203378

ADDITIONAL INFORMATION

Is one floor living what you're looking for? This spacious 3 BR, 2 BA ranch is located in the heart of Lake Placid and features a sprawling layout, including a convenient laundry/pantry area for added functionality. Step outside to the back deck and soak in stunning mountain views, overlooking a private back yard. With its prime location, you'll enjoy easy access to the local high school, Main Street shops, and scenic Mirror Lake, making it an ideal spot for both relaxation and recreation. Lower level offers income producing opportunities with 2 one bedroom, one bath apartments. Main roof is new in 2023, new laminate floors throughout main level and both apts. Don't miss your chance to own this wonderful home in a vibrant community!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Lot size:
0.1 Acres
Year built:
1930
Baths:
3.00
MLS#:
202328568

ADDITIONAL INFORMATION

Type:
Fourplex
Sq.Ft.:
2,454
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1940
Baths:
MLS#:
200519

ADDITIONAL INFORMATION

This boutique-style vacation rental property, comprised of four newly renovated units, boasts a prime location just a short, convenient stroll from downtown Lake Placid. Situated within the Gateway Corridor and by possessing the necessary permits, this property offers excellent income and strong rental history. Comprising one two-bedroom unit, two one-bedroom units, and one studio apartment, each of these well-appointed units exudes a cozy ambiance with a touch of modern Adirondack charm. In 2022 alone, these units generated over $100,000 in revenue, a remarkable achievement considering they were under construction and remodel for a portion of the year. This property is being offered fully turnkey, featuring numerous upgrades both inside and out. Ample parking is readily available to accommodate guests comfortably.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the Adirondack-Champlain Valley MLS as of the date posted below. The information provided by the Adirondack-Champlain Valley MLS is deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Adirondack-Champlain Valley MLS. All Rights Reserved.
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

© 2024 Greater Capital Association of REALTORS (CRMLSNY). All rights reserved. The data relating to real estate for sale on this website have been downloaded from CRMLS. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verification's recommended. Per New York legal requirement, click here for the Standard Operating Procedures.



Lake Placid Real Estate

The median home value in Lake Placid, NY is $537,500. This is higher than the county median home value of $232,900. The national median home value is $338,100. The average price of homes sold in Lake Placid, NY is $537,500. Approximately 30.3% of Lake Placid homes are owned, compared to 30.25% rented, while 39.45% are vacant. Lake Placid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Placid real estate agent to arrange a tour today!

Lake Placid, New York has a population of 2,221. Lake Placid is more family-centric than the surrounding county with 29.01% of the households containing married families with children. The county average for households married with children is 22.25%.

The median household income in Lake Placid, New York is $47,050. The median household income for the surrounding county is $61,563 compared to the national median of $69,021. The median age of people living in Lake Placid is 44.3 years.

Lake Placid Weather

The average high temperature in July is 75.8 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 40.9 inches per year, with 102.4 inches of snow per year.

Lake Placid Real Estate Market Conditions

  • Median sales price

    $537,500
    14.6% change since last quarter
  • # Active listings

    86
    30-day change

Lake Placid Schools and Demographics

Education near Lake Placid, NY

Metric City County
High School Graduates 95.67 91.15
College Degree - 2 year 5.98 11.06
College Degree - 4 year 47.59 30.47
Graduate Degree 11.84 9.27
Expenditures per Student 33,170 33,170
Students per Teacher 10 10

Elementary Schools near Lake Placid, NY

School Grades Students P/T Ratio ZIP
Bloomingdale School KG - 05 176 12.6 12983
Lake Placid Elementary School KG - 05 286 10.2 12946
Petrova Elementary School KG - 05 362 11.3 12983

Middle Schools near Lake Placid, NY

School Grades Students P/T Ratio ZIP
Saranac Lake Middle School 06 - 08 288 10.7 12983

High Schools near Lake Placid, NY

School Grades Students P/T Ratio ZIP
Lake Placid Junior-Senior High School 06 - 12 374 8.6 12946
Saranac Lake Senior High School 09 - 12 419 12.2 12983

Ungraded Schools near Lake Placid, NY

School Grades Students P/T Ratio ZIP
Elizabethtown-Lewis Central School KG - 12 252 8.8 12932
Keene Central School KG - 12 171 6.9 12943
Newcomb Central School PK - 12 96 6 12852

Demographics near Lake Placid, NY

Metric City County
Neighborhood Type Small Town
Population 2,221 37,501
Population Density 1,620 21
Median Age 44.3 48.3
People per Household 1.9 2.2
Median Household Income 47,050 61,563
Average Income per Capita 34,972 34,555