Lake Placid NY Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 2,296
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.28 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 203708
ADDITIONAL INFORMATION
Charming Two-Family Home in Lake Placid - A Perfect Investment Opportunity. Nestled in the heart of the picturesque Lake Placid, this versatile two-family home offers a prime opportunity for investors or those seeking additional income potential. With its convenient location near downtown shops, restaurants, and outdoor attractions, this property is ideal for vacationers and year-round residents alike. The home features two distinct units, each thoughtfully designed to provide comfort and privacy. Both units boast spacious layouts with modern amenities while retaining the cozy charm Lake Placid is known for. The interiors include updated kitchens, bright living spaces, and ample bedrooms. Large windows throughout the property offer plenty of natural light and stunning views of the surrounding Adirondack scenery. The property includes: • Unit 1: Perfect for larger groups, featuring 3 bedrooms, 2 bathrooms, a modern kitchen, and a welcoming living room. • Unit 2: A comfortable 2-bedroom, 1-bath unit with its own private entrance, perfect for short-term rentals or long-term tenants. Additional highlights: • Ample off-street parking and a spacious backyard with room to build a garage.. • Proximity to Mirror Lake, Whiteface Mountain, and the Olympic Village. Whether you're looking to generate rental income, enjoy a seasonal retreat, or accommodate a multi-generational family, this property combines charm, functionality, and prime location. Don't miss out on this exceptional Lake Placid investment opportunity!
- 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.
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 2025 Adirondack-Champlain Valley MLS. All Rights Reserved.
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| © 2025 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 $575,000. 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 $575,000. 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.