Active

245 Station Street

Lake Placid NY, 12946

$375,000


$208.33 per sqft

Active

1,800 sqft

Condo

Built in 1930

Courtesy of David Trahey, The Reynolds Group of Lake Placid, LLC

This 1,800 sq. ft. well-built, multi-unit home offers exceptional potential in a sought-after Lake Placid location. Featuring 3 bedrooms and 3.5 baths, the property is currently configured as two separate apartments but can easily be converted back to a 3-unit building.

With three separate 200-amp electrical panels and individual electric water heaters, this fixer-upper provides flexibility for future updates or expansion. Another exciting option is the potential to host short-term rentals.

Perfectly positioned near the new Adirondack Rail Trail, Jewtraw Park, and the Chubb River, outdoor recreation is at your doorstep. Plus, several popular restaurants are just a short walk away, adding to the appeal of this income-generating property.

A fantastic opportunity to create a high-performing investment property in Lake Placid's strong rental market!

203134

MLS ID

September 27, 2024

Listed

October 18, 2024

Updated

Map

245 Station Street
Lake Placid NY, 12946

Interior Features

Total Stories

2


Interior Features

Apartment, Ceiling Fan(s)


Appliances

Dishwasher, Dryer, Electric Oven, Electric Range, Washer


Laundry Description

Common Area, Main Level, Outside


Floor Description

Carpet, Linoleum


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Baseboard, Electric

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Courtyard, Private Entrance, Uncovered Courtyard


Lot Features

Many Trees, Rectangular Lot


Architectual Style

Old Style


Roof

Metal


Sewer

Public Sewer

School Information

School District

Lake Placid

Other Property Details

Area Name

Lake Placid


Taxes

$1,127


Tax Frequency

Annually


Garage

No


View

No


County

Essex


Municipality

N Elba


Water Source

Public


Pool

No


Zoning

Mixed

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bob Miller Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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