245 Station ST Lake Placid, NY 12946
1,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $250
MLS Listing ID 206655
Style Old Style
Year Built 1930
Annual Tax Amount $3,549
Property Sub-Type Duplex
Source Adirondack-Champlain Valley MLS
Property Description
The property consists of two separate apartments within the home. The first floor features a spacious two bedroom, one and a half bathroom apartment with generous living space and a fully equipped kitchen. The second floor offers a large one bedroom apartment with two bathrooms and an open, comfortable layout that works well for couples or small families. Both apartments provide plenty of space for guests to relax after a day enjoying the Adirondacks.
One of the standout features of Bear's Den is its location. The home sits right at the start of the Adirondack Rail Trail, allowing guests to walk, bike, or ski directly from the property depending on the season. It is also less than a mile from Main Street, where you will find Lake Placid's restaurants, shops, Olympic venues, and the shoreline of Mirror Lake.
Beyond its appeal as a place to stay, Bear's Den has proven to be a profitable vacation rental. The current owner is willing to transfer existing bookings and provide income history for both units. The property is presently operated under a lodging permit, and a new owner would simply need to apply for the appropriate permits to continue operating the property as a short term rental.
With its combination of strong rental potential, convenient location, and comfortable living spaces, Bear's Den offers a rare opportunity to own a turnkey vacation rental property in Lake Placid.
Location
State NY
County Essex
Direction From Old Military or Sentinel Road take Station St. Property is directly across from the North Elba Historical Society and Former Train Depot.
Rooms
Basement Crawl Space
Interior
Interior Features Apartment
Heating Electric
Flooring Luxury Vinyl
Appliance Electric Range, Microwave, Refrigerator
Exterior
Utilities Available Cable Connected, Electricity Connected, Sewer Connected
Roof Type Metal
Road Frontage Public
Garage No
Building
Lot Description Back Yard
Story Two
Sewer Public Sewer
Water Public
Architectural Style Old Style
Structure Type Spray Foam Insulation
Schools
School District Lake Placid
Others
Senior Community No
Tax ID 42.238-1-6.000
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