Details
- Bathrooms: 0
- Status: Pending
- Lot size, acres: 0.19 acres
- Category: Residential Income
- Type: Duplex
- Year built: 1976
- Lot Size Acres: 0.19 acres
- County: Essex
- MLS ID: 207525
Description
- Description:
Look at that location on the map! You can't get any closer to the beach, Mirror Lake loop and the heart of town! Walk to all shops, restaurants, Olympic ice arenas and everything on Main Street. It's the perfect location for Ironman (right at the start and steps from the finish), ice skating (Olympic arena, lake, or speed skating oval), tobogganing, canoeing, shopping, and all that Placid has to offer.
Positioned in one of Lake Placid's most sought-after short-term rental zones, this up/down duplex is a rare investment opportunity. The property features two fully independent units: a 2-bedroom, 1-bath upstairs apartment with Mirror Lake views from both bedrooms, and a 1-bedroom, 1-bath lower unit. Each unit includes its own washer and dryer, making them ideal for guest turnover and extended stays. Plenty of off-street parking provides added convenience for residents and guests.
Zoned Village Center, this property allows for unlimited unhosted short-term rentals of both units--maximizing income potential with no owner-occupancy requirement. With strong year-round demand driven by tourism, events, and outdoor recreation, this is a prime opportunity for investors seeking immediate rental income in a premier Adirondack destination.
Interior Details
- Basement: None
Location
- View: Lake, Neighborhood
Building & Construction
- Building Area Total: 2072 sq ft
- Number Of Units Total: 2
- Construction Materials: Brick, Wood Siding
- Architectural Style: Raised Ranch, Ranch
- Sewer: Public Sewer
- Heating: Propane
- Roof: Metal
- Foundation Details: Slab
- Levels: Two
Amenities & Features
- Laundry Features: Lower Level, Multiple Locations, Upper Level
- Electric: Circuit Breakers
- Flooring: Carpet, Hardwood, Laminate, Tile
- Parking Features: No Garage, Off Street, On Site
- Garage Spaces: 0
- WaterSource: Public
- Appliances: Built-In Electric Oven, Dishwasher, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer
- Lot Features: Views
- Patio And Porch Features: Deck
- Exterior Features: Private Entrance
- Cooling: None
Fees & Taxes
- Tax Assessed Value: $646,000
- Gross Income: $48,000
School Information
- High School District: Lake Placid
Miscellaneous
- Road Surface Type: Paved
- Owner Pays: Grounds Care, Hot Water, Sewer, Snow Removal, Taxes
- Tenant Pays: Electricity, Trash Collection
Courtesy of
- List Office Name: Acre Adk