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  • $175,000

    132 Old Lake Colby Rd, Saranac Lake, NY 12983

    --beds
    0baths
    3,272sqft
    Apartment
    Built in 1980
    -- sqft lot
    $179,100 Zestimate®
    $53/sqft
    $1,143 Estimated rent

    What's special

    Great building on a large lot located close to community beach, trails, and Adirondack Medical Center. Five large, easy to rent units. Three units currently occupied month to month at under market rates with room to improve. Potential for shop/garage space or an additional unit as well. Two units currently vacant in varying stages of rehab. Building is profitable even with vacancies so high potential for great cash flow once fully occupied at market rates. Apt 2 has full porch and a storage attic. Fireplace, washer and dryer in apt 1. Apt 3 also has its own washer/dryer. 48 Hour Notice is preferable for showings.

    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2025 at 09:29am

    Listed by:

    Carl (CJ) Hagmann,

    Say Real Estate

    Bought with:

    Jeremy Schenk, 10401238480

    Say Real Estate

    Source: ACVMLS,MLS#: 200590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Oil
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator, Washer/Dryer Stacked
    Features
    • Apartment
    • Flooring: Carpet, Hardwood, Linoleum
    • Windows: Vinyl Clad Windows
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,272
    • Total interior livable area: 3,272 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Gravel, On Site
    • Uncovered spaces: 8
    Features
    • Stories: 2
    • Patio & porch: Front Porch, Side Porch
    • Has view: Yes
    • View description: Neighborhood
    • Body of water: None
    Lot
    • Size: 0.61 Acres
    • Dimensions: .61
    • Features: Private, Rectangular Lot, Rolling Slope
    • Topography: Rolling
    Details
    • Parcel number: 446.44112.200
    • Zoning: Mixed

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Apartment
    Materials
    • Frame, Stucco
    • Foundation: Stone
    • Roof: Metal
    Condition
    • Fixer
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Available, Phone Available, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Saranac Lake
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability