Newly painted 3 unit, with 2 bedrooms in each apartment, located just steps away from the rail trail Also conveniently located close to the Saranac river, local restaurants, the new Brewery, plus laundry & grocery stores. This home has a new metal roof, 2 decks and plenty of off street parking. The currents are on month to month leases but have lived there for several years.
This 3 unit is in a perfect location! Located down the road from North Country Community College it would be a great investment property for student housing. Across the street from the new waterfront hotel and the new All-Use Rail Trail, it has great potential. Close to downtown and many restaurants, in a desirable neighborhood. The ground floor 2-3 bedroom space would be a perfect owners unit with the ability to rent the other two units to cover expenses or convert to a single family home!
Discover this charming three apartment home located in the Helen Hill Historic District that offers privacy for its tenants.Two units could possibly be two bedrooms. The lower level one bedroom apartment has access from the three season back porch. All apartments have cure porches. Some could be for year round use. Recently upgraded with a 2 year old roof with complete ice and water shield, a new high efficiency propane boiler (being installed July 22,2024), several replaced appliances, vinyl bathroom floors, added blown seamless insulation, new Bradford White hot water heater, 3 new propane tanks located behind the building, Douglas Fir floors throughout all blending comfort with energy efficiency. Interior could use painting and a redo of middle apartment. All tenants have been there for 30 years and are happy with their units. For those who enjoy the outdoors or a bit of gardening, the property offers a private backyard abutting a serene wooded area and a space under the back porch that could be transformed into a handy workshop. The cleaned up basement provides additional space for storage. Tucked in a corner of a one-way street, the home ensures a peaceful living environment. Yet it remains conveniently close to downtown amenities accessible via common steps to main Street. Perfect for those spontaneous ice cream runs, leisurely strolls to town to catch some entertainment in Riverside Park or Berkeley Green, or a wonderful array of restaurant choices, art guild, library and quaint stores. Not to mention the proximity to Nori's Health food store, Grand Union Supermarket adds a layer of practicality to everyday living.
This listing features a well maintained, updated and profitable 7 unit building along the shores of the Saranac River in the center of DownTown Saranac Lake! Municipal public parking a block away and easy access in to the building from sidewalk one block off Broadway's night life, cafe's and shops! new Furnace in Sept. 2015. Many of the units have had upgrades and updates. Great tenants already in place at market rents.
Wonderfully renovated and well maintained 3 unit apartment building producing great income for investors. Tenants pay the utilities. Plenty of off street parking. Desirable location close to downtown, schools, parks and lakes. Don't miss out on this established revenue generator and please give at least 24 hour notice for showings.
The median home value in Saranac Lake, NY is $315,000. This is higher than the county median home value of $162,800. The national median home value is $338,100. The average price of homes sold in Saranac Lake, NY is $315,000. Approximately 47.46% of Saranac Lake homes are owned, compared to 38.2% rented, while 14.35% are vacant. Saranac Lake 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 Saranac Lake real estate agent to arrange a tour today!
Saranac Lake, New York has a population of 5,003. Saranac Lake is less family-centric than the surrounding county with 21.48% of the households containing married families with children. The county average for households married with children is 25.55%.
The median household income in Saranac Lake, New York is $54,813. The median household income for the surrounding county is $55,279 compared to the national median of $69,021. The median age of people living in Saranac Lake is 44.3 years.
The average high temperature in July is 75.3 degrees, with an average low temperature in January of 2.8 degrees. The average rainfall is approximately 40.8 inches per year, with 106.4 inches of snow per year.