Lake Placid See all listings

48 McKinley Street, Lake Placid, NY 12946

$849,000

MLS# 204269

0.63 acres

3,056 sq. ft


Listing Courtesy of: Adirondack Premier Properties Berkshire Hathaway HomeService

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Overview

Well-maintained 4 unit multi-family/apartment building with 1 car garage with additional storage space, and 4 separate locked storage units in the back of the garage. All 4 apartments consist of 2 bedrooms, 1 full bath, clothes washer and clothes dryer, water heater, and separate electric meters. Additionally, each apartment comes furnished, each unit has a covered deck out the back via a sliding door from 1 of the 2 bedrooms, and there are 8 parking spaces to accommodate 2 cars per apartment. Common areas include perennial gardens, side fencing, large backyard with deck and a barbeque. A serene setting including a brook in the back. There is also a lovely public park directly across the street. The property is conveniently located walking distance to the Main Street shops and restaurants, or to visit the Olympic Center, the public beach on Mirror Lake and more! Great investment with 4 leases in place.

Details & Amenities

Listing Details

  • MLS #: 204269
  • Status: Active
  • Date Listed: 04-13-2025
  • Sq. Ft: 3,056
  • Acreage: 0.63
  • Seasonal Property: No
  • Listing Agent: Karen Mergenthaler
  • Listing Courtesy of: Adirondack Premier Properties Berkshire Hathaway HomeService

Interior Features

  • Basement: Crawl Space, Dirt Floor, Exterior Entry, Unfinished
  • 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: Mountain(s), Neighborhood
  • Garage Spaces: 1
  • Lot Features: Back Yard, Cleared, Few Trees, Front Yard, Garden, Level, Paved, Views
  • Lot Size Area: 0.63
  • Other Structures: Garage(s), Storage
  • Patio & Porch Features: Covered, Rear Porch
  • Road Type: Paved
  • Sewer: Public Sewer
  • Zoning Description: Residential

Building & Construction

  • Tax Map #: 42.222-2-3.100
  • Annual Taxes: $4,253
  • Year Built: 2004
  • Parking Features: Asphalt, Driveway, Garage Faces Front, Off Street, Parking Lot, Paved
  • Exterior Siding: Aluminum Siding, Asphalt
  • Roof Type: Asphalt, Shingle
  • Electric AMP: 200+ Amp Service
  • Water Source: Public
  • Home Levels: Two