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Au Sable Forks See all listings
16 Broad Lane, Au Sable Forks, NY 12912
$280,000
MLS# 206372
0.2 acres
3,166 sq. ft
Listing Courtesy of: Coldwell Banker Whitbeck Assoc-Saranac Lake
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Overview
Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential.
Unit 1: 2 BR / 1 BA | Leased at $1,225/mo
Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity)
Unit 3: Studio | Month-to-Month at $600/mo
Total Gross Monthly Income: $2,325
With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.
Details & Amenities
Listing Details
- MLS #: 206372
- Status: Active
- Date Listed: 12-24-2025
- Sq. Ft: 3,166
- Acreage: 0.2
- Seasonal Property: No
- Listing Agent: Jack Newberry
- Listing Courtesy of: Coldwell Banker Whitbeck Assoc-Saranac Lake
Interior Features
- Heating Type: Electric, Oil
- Air-conditioning Type: None
Exterior & Lot Features
- County: Essex
- Town: Au Sable Forks
- School District: Ausable Valley
- Views: Neighborhood
- Lot Size Area: 0.2
- Road Type: Paved
- Sewer: Septic Tank
Building & Construction
- Tax Map #: 7.84-2-7.000
- Annual Taxes: $5,715
- Year Built: 1920
- Parking Features: Off Street
- Roof Type: Asphalt, Shingle
- Water Source: Public
- Home Levels: Two