Just Reduced

Lake Placid Main St. Apartments

2749 Main Street, Lake Placid, NY
List Price: $449,000
List Price: $449,000
4,740 Sq. Footage
.10 acre Acreage

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 new oil furnace, new insulated stainless steel chimney, new roof and 2 new electric hot water tanks. This location is within walking distance of the village center. Great investment opportunity.

Details
  • Type: Residential
  • Acreage: .10 acre
  • Approx Sq Ft: 4740
  • Year Built: 1920
  • MLS#: 166259
  • Location: 2749 Main Street, Lake Placid, NY
  • Views: Mountains
  • Heat: Oil Hot Water
  • Furnished: N0
  • Listing Agent: Mark Adler
Amenities
  • 6 Onsite Parking Spaces
  • Public Water and Sewer
  • New Metal Roof, New Oil Furnace, New Stainless Steel Chimney, 2 New Hot Water Heaters
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