101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
101 Margaret Street
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101 Margaret Street
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101 Margaret Street
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101 Margaret Street
Courtesy of Francis (Bob) Miller, Bob Miller Real Estate
For Sale

101 Margaret Street

101 Margaret Street, Saranac Lake, NY 12983

$499,950
Proud to present this beautifully updated 3-unit rental property in immaculate, truly turnkey condition. Every unit has been thoughtfully renovated with modern finishes, stylish kitchens and baths, updated flooring, fresh paint, and quality fixtures throughout. The result is a clean, bright, and welcoming space tenants love -- and an investment you can feel confident about.

This property offers:
1. Three well-maintained, income-producing units
2. Strong rental income of 72k+ per year gross in a high-demand area
3. Low-maintenance updates already completed
4. Excellent opportunity for income or affordable owner-occupants

Located in the heart of Saranac Lake, you're just minutes from local shops, restaurants, outdoor recreation, and all the charm this Adirondack community is known for. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property checks all the boxes.

Studio

2,673 Sq.Ft. LIVING AREA

5,662.8 Sq.Ft. lot

Bob Miller

Bob Miller

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room In Basement
  • Flooring Ceramic Tile, Hardwood
  • APPLIANCES Cooktop, Oven, Refrigerator, Washer/Dryer

Area & Lot

  • Status For Sale
  • Living Area2,673 Sq.Ft.
  • Total Area2,673 Sq.Ft.
  • Lot Area5,662.8 Sq.Ft.
  • MLS® ID206594
  • TypeMulti-Family
  • YEAR BUILT1907
  • NeighborhoodSaranac Lake
  • Architecture StylesOld Style
  • View DescriptionNeighborhood
  • School DistrictSaranac Lake

Exterior

  • STORIES3
  • water SourcePublic
  • utilitiesElectricity Connected, Internet Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofMetal
  • lot featuresCity Lot
  • parkingOpen
  • HEAT TYPEElectric, Hot Water, Oil
  • AIR CONDITIONINGHeat Pump
  • sewerPublic Sewer
  • other exterior FeaturesPrivate Entrance, Smart Lock(s)

Financial

  • Sales Price$499,950
  • Real Estate Tax $5,692/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 101 Margaret Street, Saranac Lake, NY 12983. We are reviewing your request and will be in touch shortly!
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Saranac Lake

Saranac Lake is a four-season vacation destination and a close-knit community with a remarkable history.

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Bob Miller Real Estate is proud to provide homebuyers and sellers in the Lake Placid and surrounding communities with exceptional service. We negotiate the best results, guide the process in a smooth and stress-free manner, and assist clients in making the best real estate decisions.

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2505 MAIN ST
LAKE PLACID NY 12946

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Contact Details

BOB MILLER REAL ESTATE

Phone

(518) 524-0383

Email

[email protected]

Address

2505 MAIN ST LAKE PLACID NY 12946

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