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Lake Placid See all listings
245 Station Street, Lake Placid, NY 12946
$375,000
MLS# 203134
0.1 acres
1,800 sq. ft
Listing Courtesy of: The Reynolds Group of Lake Placid, LLC
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Overview
This 1,800 sq. ft. well-built, multi-unit home offers exceptional potential in a sought-after Lake Placid location. Featuring 3 bedrooms and 3.5 baths, the property is currently configured as two separate apartments but can easily be converted back to a 3-unit building.
With three separate 200-amp electrical panels and individual electric water heaters, this fixer-upper provides flexibility for future updates or expansion. Another exciting option is the potential to host short-term rentals.
Perfectly positioned near the new Adirondack Rail Trail, Jewtraw Park, and the Chubb River, outdoor recreation is at your doorstep. Plus, several popular restaurants are just a short walk away, adding to the appeal of this income-generating property.
A fantastic opportunity to create a high-performing investment property in Lake Placid’s strong rental market!
Details & Amenities
Listing Details
- MLS #: 203134
- Status: Pending
- Date Listed: 09-27-2024
- Sq. Ft: 1,800
- Acreage: 0.1
- Seasonal Property: No
- Listing Agent: David Trahey
- Listing Courtesy of: The Reynolds Group of Lake Placid, LLC
Interior Features
- Basement: Concrete, Crawl Space, No Inside Entry
- Heating Type: Baseboard, Electric
- Air-conditioning Type: Ceiling Fan(s)
Exterior & Lot Features
- County: Essex
- Town: Lake Placid
- Township: N Elba
- School District: Lake Placid
- Views: None
- Lot Features: Many Trees, Rectangular Lot
- Lot Size Area: 0.1
- Patio & Porch Features: Front Porch
- Road Type: Paved
- Sewer: Public Sewer
- Zoning Description: Mixed
Building & Construction
- Tax Map #: 42.238-1-6.000
- Annual Taxes: $1,127
- Year Built: 1930
- Exterior Siding: Vinyl Siding
- Roof Type: Metal
- Foundation Details: Poured, Stone
- Electric AMP: 200+ Amp Service
- Water Source: Public
- Architectural Style: Old Style
- Home Levels: Two
