$425,000

Rarely does a Lake Placid property offer this combination of location and opportunity this close to Main Street. Located on Saranac Avenue, only a couple blocks from downtown Lake Placid and Mirror Lake and one block to Paradox Bay, this property is an opportunity for 1st time home buyers, 2nd home buyers or investors. Due to being located in a Gateway Corridor District, unhosted Short term rentals are allowed at this location with proper permitting. The main home includes three bedrooms plus a bonus room/office and one full bath. There are pristine hardwood floors throughout and most windows updated that flood the main level with natural light. A private side patio creates an inviting setting for entertaining, while the front deck is the perfect place to unwind and enjoy Lake Placid Living. Included in the list price is a $10,000 seller concession as an allowance for a buyer to use towards closing costs or appliance upgrades. Being sold partially furnished for seller convenience. The second floor apartment is accessed via its own exterior staircase and entrance. It features a 1 bedroom and full bath. Being adjacent to the upstairs of the main house, it presents a future expansion opportunity to reclaim the space to grow the main home. 24-48 Hours Requested for showings to allow tenant notice. Pre-Approval or Proof of Funds is required prior to showing being scheduled.