HAPEC home in Otter Way

4 Otter Way, Lake Placid, NY

List Price: $240,000

3 Beds

2 Bathrooms

1,700 Sq. Footage

.17 Acreage

This home and property was generously donated to the Housing Assistance Program of Essex County with the goal to provide opportunity of homeownership with the ability to live in Lake Placid. In an ideal setting this 3-bedroom, 2-bathroom home is located in the Otter Way subdivision within walking distance to Main Street, Village parks and the Lake Placid High School. An attached two car garage and full basement are additional bonuses. Income specific guidelines must be met in order to qualify for this purchase, please inquire for more details. Further potential for $40,000 in grant assistance for down payment and/or closing costs!

Household Size: Max Income:

1 - $61,920
2 - $70,800
3 - $79,680
4 - $88,440
5 - $95,520
6 - $102,600

The home will become part of the Adirondack Community Housing Trust, www.adkhousing.org. Asking price of $240,000 with the potential for $40,000 in grant assistance for down payment and/or closing costs. Interested? Get started by completing an application at: https://adkhousing.org/wp-content/uploads/2019/06/Appl-HB-intake-for-ADK-housing.pdf