Sentinel Road
Sentinel Road Lake Placid, New York 12946 United States

$1,175,000
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Engel & Volkers Lake Placid Real Estate

$1,175,000
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Price / Sq. Ft.:
$30 /
39,099 Sq Ft.
Interior
1.49 Acres
Exterior
Multi-Family Home
1940
Year Built
156345
Web Id
156345
MLS ID
None
Subdivision
Lake Placid Central School District
School District
246
days ago

About Sentinel Road

Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio/1bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual Site Plan in Documents! Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/residential expansion/growth are many! Apartments stay occupied, current monthly income is approximately $16,000 (per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions **Owner financing possible**

Listing Courtesy of Engel & Volkers Lake Placid Real Estate,Adirondack-Champlain Valley MLS

PROPERTY INFORMATION

Appliances
Range/Oven-Electric, Refrigerator
Heating
Electric Baseboard
View
Meadow, Mountains, Wooded

EXTERIOR

Exterior Features
Pool Inground
Roofing
Composition

INTERIOR

Interior Features
Cable TV