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Wilmington See all listings
5732&5734 NYS Route 86, Wilmington, NY 12997
$380,000
MLS# 206377
1.01 acres
3,104 sq. ft
Listing Courtesy of: Coldwell Banker Whitbeck Assoc-Saranac Lake
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Overview
Secure a high-occupancy residential asset in the Adirondacks’ most sought-after recreation corridor. This 5-unit multi-family property in Wilmington offers a unique lifestyle draw for tenants: private river access paired with a location only 5 minutes from the base of Whiteface Mountain.
Property Breakdown:
Composition: (4) 1BR/1BA apartments plus (1) 1BR/1BA detached single-family residence.
Total Gross Income: $4,525 per month.
Owner-Friendly Mechanics: All units feature separately metered utilities, keeping owner expenses predictable and low.
The ‘Wilmington Edge’: Demand in this area is driven by its 15-minute proximity to Lake Placid and its status as a mountain biking and skiing mecca.
Whether you are looking for a stable long-term hold or a ‘house-hack’ where you live in the riverfront cottage while the four units pay your mortgage, 5732-5734 NYS Rte 86 is a rare find in a supply-constrained market.
Details & Amenities
Listing Details
- MLS #: 206377
- Status: Active
- Date Listed: 12-24-2025
- Sq. Ft: 3,104
- Acreage: 1.01
- Seasonal Property: No
- Listing Agent: Jack Newberry
- Listing Courtesy of: Coldwell Banker Whitbeck Assoc-Saranac Lake
Interior Features
- Heating Type: Electric
Exterior & Lot Features
- County: Essex
- Town: Wilmington
- School District: Lake Placid
- Views: River
- Lot Features: Views, Waterfront
- Lot Size Area: 1.01
- Road Type: Paved
- Sewer: Septic Tank
- Body of Water : Ausable River
- Waterfront Features: River Access
- Frontage: 150
Building & Construction
- Tax Map #: 26.6-5-12.000
- Annual Taxes: $6,589
- Year Built: 1935
- Parking Features: On Site
- Roof Type: Shingle
- Water Source: Public
