Pending
245 Station Street
Lake Placid NY, 12946
$375,000
$208.33 per sqft
Pending
1,800 sqft
Condos
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
November 22, 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
Days on Market
32
Garage
No
View
No
County
Essex
Municipality
N Elba
Water Source
Public
Pool
No
Zoning
Mixed
Listing History
Date | Event | Price |
---|---|---|
10/29/2024 | Pending | — |
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