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Listing 67 out of 100
$1,175,000 For Sale
5970-76 Sentinel Road
Lake Placid, NY 12946
Multi Family Home
1.49 acre lot - MLS# 156345
Property Photo
1/15

Description

Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio/1bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual Site Plan in Documents! Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/residential expansion/growth are many! Apartments stay occupied, current monthly income is approximately $16, 000 (per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions **Owner financing possible**

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • Listing Price: $1,175,000
  • County/Area: Essex County
  • Zip Code: 12946
  • Year Built: 1940
  • School District: Lake Placid
  • Sq.Ft.: 39,099 sq ft
  • Basement: No Basement
  • Garage: No Garage
  • Acres: 1.49 acre lot
  • View: Meadow, Mountains, Wooded
  • Zoning: Commercial, Residential
  • Appliances: Range/Oven-Electric, Refrigerator
  • Building Type: Apartments
  • Electric: 200 Amps
  • Exterior: Wood
  • Exterior Features: Pool Inground
  • Heating: Electric Baseboard
  • Interior Features/Windows: Cable TV
  • Roof: Composition Shingle
  • Township: N Elba
  • Water Heater: Electric
  • Water/Sewer/Gas: Public Water, Public Water Available, Public Sewer
Courtesy of Engel & Volkers Lake Placid Real Estate, Susan Babcock
© 2017 Adirondack-Champlain Vally MLS All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Say Rentals are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-07-26.

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Carl "CJ" Hagmann

Say Rentals
Say Real Estate
518-524-6363
19 Church St.
Saranac Lake, NY 12983
sayrentals@yahoo.com
Long Term and Vacation Rentals

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Carl "CJ" Hagmann   |   518-524-6363   |   Email Us
Say Rentals   |   Say Real Estate   |   19 Church St., Saranac Lake, NY 12983
Long Term and Vacation Rentals