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For sale
  • $849,000

    48 McKinley St, Lake Placid, NY 12946

    --beds
    0baths
    3,056sqft
    Quadruplex
    Built in 2004
    -- sqft lot
    $-- Zestimate®
    $278/sqft
    $-- HOA

    What's special

    Clothes dryerPerennial gardensSide fencingCovered deckLarge backyard with deckSliding doorWater heater
    Well-maintained 4 unit multi-family/apartment building with 1 car garage with additional storage space, and 4 separate locked storage units in the back of the garage. All 4 apartments consist of 2 bedrooms, 1 full bath, clothes washer and clothes dryer, water heater, and separate electric meters. Additionally, each apartment comes furnished, each unit has a covered deck out the back via a sliding door from 1 of the 2 bedrooms, and there are 8 parking spaces to accommodate 2 cars per apartment. Common areas include perennial gardens, side fencing, large backyard with deck and a barbeque. A serene setting including a brook in the back. There is also a lovely public park directly across the street. The property is conveniently located walking distance to the Main Street shops and restaurants, or to visit the Olympic Center, the public beach on Mirror Lake and more! Great investment with 4 leases in place.
    13 days
    on Zillow
    |
    644
    |
    31
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    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 07:22am

    Listing by:

    Adirondack Premier Properties Berkshire Hathaway HomeService 518-523-3333,

    Karen Mergenthaler

    Source: ACVMLS,MLS#: 204269MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 48 McKinley St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Free-Standing Electric Oven, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Apartment
    • Flooring: Carpet, Laminate, Tile
    • Basement: Crawl Space,Dirt Floor,Exterior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,056
    • Total interior livable area: 3,056 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Asphalt, Driveway, Garage Faces Front, Off Street, Parking Lot, Paved
    • Garage spaces: 1
    • Uncovered spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Rear Porch
    • Exterior features: Balcony, Barbecue, Lighting, Outdoor Grill, Storage
    • Fencing: Privacy,Vinyl
    • Has view: Yes
    • View description: Mountain(s), Neighborhood
    Lot
    • Size: 0.63 Acres
    • Features: Back Yard, Cleared, Few Trees, Front Yard, Garden, Level, Paved, Views
    • Topography: Level
    Details
    • Additional structures: Garage(s), Storage
    • Parcel number: 42.22223.100
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Aluminum Siding, Asphalt
    • Roof: Asphalt,Shingle
    Condition
    • Year built: 2004

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Lake Placid

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $317,000
    • Annual tax amount: $4,252
    • Date on market: 4/13/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved
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