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Lake Placid See all listings
181 Newman Road, Lake Placid, NY 12946
$649,000
MLS# 178476
0.3 acres
3,360 sq. ft
Listing Courtesy of: Merrill L. Thomas, Inc.
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Overview
A rare investment opportunity on the Gateway Corridor in Lake Placid with ample parking, this four unit property is one incredible value! The detached 2 bedroom cabin has a fenced in yard for pets & children, while the 3 apartments within the main building each offer 3 very unique perspectives. Formerly a commercial space, Unit 3 is two levels of open floor plan with one bedroom, 1.5 baths & copious storage space for gear or collectibles. There’s even a small balcony off the second floor to enjoy your morning coffee. Access Unit 2 from the street side or rear parking area & enter the open floor plan with one bedroom, 1 bathroom & large kitchen & living areas. Unit 1, a cozy 1 bedroom, 1 bathroom is a flight up from street level & has access to the small side yard for outdoor enjoyment. All units are occupied well finished & in terrific repair. All units are currently occupied. Call today for a tour & give your income a boost!
Details & Amenities
Listing Details
- MLS #: 178476
- Status: Expired
- Date Listed: 04-20-2023
- Sq. Ft: 3,360
- Acreage: 0.3
- Seasonal Property: No
- Listing Agent: Stuart Ruttan, II
- Listing Courtesy of: Merrill L. Thomas, Inc.
Interior Features
- Basement: Dirt Floor, Partial, Unfinished
- Heating Type: Baseboard, Electric
- Air-conditioning Type: Wall Unit(s)
Exterior & Lot Features
- Area: None
- County: Essex
- Town: Lake Placid
- Township: N Elba
- School District: Lake Placid
- Views: Commercial, Neighborhood
- Lot Features: Irregular Lot, Level
- Lot Size Area: 0.3
- Patio & Porch Features: Porch
- Zoning Description: Mixed
Building & Construction
- Tax Map #: 42.271-1-4.000
- Annual Taxes: $3,215
- Year Built: 1930
- Parking Features: Driveway, Gravel, No Garage
- Exterior Siding: Wood Siding
- Roof Type: Asphalt, Metal
- Foundation Details: Stone
- Electric AMP: 200+ Amp Service
- Window Features: Insulated Windows
