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  • $385,000

    64 Shepard Ave, Saranac Lake, NY 12983

    --beds
    0baths
    6,068sqft
    Apartment
    Built in 1925
    -- sqft lot
    $416,600 Zestimate®
    $63/sqft
    $1,377 Estimated rent

    What's special

    Don't miss out on this exceptional investment opportunity! Presenting a meticulously maintained 5-unit apartment building in Saranac Lake. This property boasts four spacious 1-bedroom apartments and a desirable 2-bedroom apartment, with partial mountain range and lake views. Not only does this building offer ample parking for residents, but it also provides the convenience of shared laundry facilities and a generously sized basement. The rental rates are attractive, and the property comes with established tenants, ensuring a steady income stream. Situated within walking distance of Lake Flower, Riverside Park, and the vibrant downtown Saranac Lake, this location is highly sought after. Whether you're an experienced investor or a newcomer to the market, this investment opportunity is too good to overlook. Take advantage of this excellent investment and secure your future in the thriving Saranac Lake real estate market.

    Zillow last checked: 7 hours ago

    Listing updated: August 30, 2024 at 09:25pm

    Listed by:

    Kelsey Cassidy,

    Merrill L. Thomas, Inc.

    Bought with:

    Blythe Niles-Linster, 10401305210

    Engel & Volkers Lake Placid Real Estate

    Source: ACVMLS,MLS#: 179169MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Oil
    Cooling
    • None
    Appliances
    • Included: Dryer, Gas Range, Oil Water Heater, Refrigerator, Washer
    Features
    • Apartment, High Speed Internet
    • Windows: Double Pane Windows, Single Pane Windows, Skylight(s)
    • Basement: Unfinished
    Interior area
    • Total structure area: 6,068
    • Total interior livable area: 6,068 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: No Garage
    • Uncovered spaces: 5
    Features
    • Exterior features: Lighting
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 32.198127.000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Wood Siding
    • Foundation: Stone
    • Roof: Tile
    Condition
    • Year built: 1925

    Utilities & green energy

    • Utilities for property: Internet Available, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Saranac Lake
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Road surface type: Dirt
    Services availability