101 Margaret ST Saranac Lake, NY 12983
2,673 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,673 sqft
Price per Sqft $187
MLS Listing ID 206594
Style Old Style
Construction Status Updated/Remodeled
Year Built 1907
Annual Tax Amount $5,692
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Triplex
Source Adirondack-Champlain Valley MLS
Property Description
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.
Location
State NY
County Franklin
Direction Bllomingdale Ave to Margaret Street. 3rd home on right past Circle Street.
Rooms
Basement Full
Interior
Heating Electric, Hot Water, Oil
Cooling Heat Pump
Flooring Ceramic Tile, Hardwood
Appliance Cooktop, Oven, Refrigerator, Washer/Dryer
Laundry In Basement
Exterior
Exterior Feature Private Entrance, Smart Lock(s)
Parking Features Open
Pool None
Utilities Available Electricity Connected, Internet Connected, Sewer Connected, Water Connected
View Neighborhood
Roof Type Metal
Street Surface Paved
Porch Glass Enclosed, Porch, Side Porch
Road Frontage Public
Total Parking Spaces 3
Garage No
Building
Lot Description City Lot
Story Tri-Level
Sewer Public Sewer
Water Public
Architectural Style Old Style
Structure Type Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
School District Saranac Lake
Others
Senior Community No
Tax ID 447.61-10-10
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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