Lake Placid See all listings

2749 Main Street, Lake Placid, NY 12946

$449,000

MLS# 166259

0.1 acres

4,740 sq. ft


Listing Courtesy of: Merrill L. Thomas, Inc.

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Overview

Fully occupied 6 unit apartment building located directly on Main St. opposite Mr. Mikes Pizza and Bowlwinkles in Lake Placid. There are 2 two bedroom apartments, 2 one bedroom apartments and 2 studio apartments with off street parking for 6 vehicles. The gross rental income is over $58,000/year with nearly a 100% occupancy status. Recent upgrades include a new oil furnace new insulated stainless steel chimney, new roof and 2 new electric hot water tanks. This location is within a few minutes walk of the Olympic Center and village shops and restaurants.Great vacation rental potential.

Details & Amenities

Listing Details

  • MLS #: 166259
  • Status: Expired
  • Date Listed: 07-01-2019
  • Sq. Ft: 4,740
  • Acreage: 0.1
  • Seasonal Property: No
  • Listing Agent: Mark Adler
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Basement: Dirt Floor, Unfinished, Walk-Out Access
  • Heating Type: Hot Water, Oil
  • Air-conditioning Type: None

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Lake Placid
  • Township: N Elba
  • School District: Lake Placid
  • Views: Commercial, Mountain(s), Neighborhood
  • Lot Features: Many Trees
  • Lot Size Area: 0.1
  • Lot Size Dimensions: .10
  • Zoning Description: Commercial

Building & Construction

  • Tax Map #: 42.207-6-18.000
  • Annual Taxes: $3,462
  • Year Built: 1920
  • Parking Features: Deck, No Garage
  • Exterior Siding: Wood Siding
  • Roof Type: Metal
  • Electric AMP: 200+ Amp Service
  • Window Features: Double Pane Windows