Main Street
Main Street Lake Placid, New York 12946 United States

$1,245,000
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Adirondack Premier Properties Berkshire Hathaway HomeService

$1,245,000
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.1 Acres
Exterior
Commercial
1930
Year Built
161651
Web Id
161651
MLS ID
None
Subdivision
Lake Placid Central School District
School District
30
days ago

About Main Street

Lakefront Main Street building with 5 occupied apartments that bring in an annual income of $56,400 and 2 storefronts of approx. 1400 sq ft total with annual rental income of $61,200. Combined total building income is $117,600.00. Many recent updates and improvements have been completed since this LLC purchased. Tenants pay their own utilities and trash removal. All apartments have access to the back yard with a patio and dock on Mirror Lake with beautiful Whiteface Mountain and Southern Range views. This great investment opportunity also affords a business owner the possibility of residing in the building.The Listing Broker is a partner owner in the LLC ownership.

Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService,Adirondack-Champlain Valley MLS

PROPERTY INFORMATION

Amenities
Sprinkler System, Carbon Monoxide Detector
Basement
Finished-Partially, Full, Walkout
Cooling
Central, Window Unit(s)
Heating
Electric Baseboard
View
Commercial, Mountains, Lake
Waterfront
Lake

EXTERIOR

Construction
Frame
Exterior Features
Wood, Vinyl
Lot Description
Outdoor Lighting, Paved, View, View Mountains, Public, View Water
Roofing
Rolled/Hot Mop