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Pending
  • $325,000

    75 Margaret St, Saranac Lake, NY 12983

    --beds
    0baths
    1,512sqft
    Duplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $215/sqft
    $-- HOA

    What's special

    Abundant natural lightBonus roomImpeccable conditionSpacious patioWell-maintained unitsCharming wood detailsTwo-car garage
    Welcome to 75 Margaret Place, a beautifully maintained historic home in the heart of Saranac Lake with roots dating back to 1911 as the Garwood Cottage and later the Sarnsky Cottage in 1929. This charming property offers the perfect blend of historic character and modern upgrades, all within walking distance to everything the village has to offer. Featuring two well-maintained units, the main level consists of a 1-bedroom, 1-bath apartment, while the upper level offers a spacious 2-bedroom, 1-bath layout. Ideal for owner-occupants or investors seeking stable passive income, the downstairs unit has been tastefully renovated and is in impeccable condition, making it an attractive space for tenants or owners alike, while the current tenant's rent helps cover the mortgage. The upstairs apartment boasts spacious rooms, charming wood details, abundant natural light, and a bonus room that can serve as a third bedroom or office space. Additional features include a two-car garage with a spacious patio above that's perfect for entertaining or relaxing by a fire pit, ample storage in the basement, and two washer/dryer units for added convenience. Don't miss this rare opportunity to own a piece of Saranac Lake history while enjoying modern comforts and financial benefits—it won't last long!
    88 days
    on Zillow
    |
    57
    |
    0
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: February 18, 2025 at 01:37pm

    Listing by:

    Merrill L. Thomas, Inc. 518-523-2519,

    Kelsey Cassidy

    Source: ACVMLS,MLS#: 203825MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Oil
    Appliances
    • Included: Range, Washer, Washer/Dryer
    • Laundry: Common Area, In Basement, In Unit
    Features
    • Apartment
    • Basement: Walk-Up Access
    Interior area
    • Total structure area: 1,512
    • Total interior livable area: 1,512 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Stories: 2
    Lot
    • Size: 5,662.8 Square Feet
    Details
    • Parcel number: 446.6855

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Old Style
    • Property subtype: Duplex
    Materials
    • Stone, Wood Siding
    • Foundation: Poured, Stone
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1910

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Saranac Lake

    Financial & listing details

    • Price per square foot: $215/sqft
    • Tax assessed value: $190,001
    • Annual tax amount: $2,383
    • Date on market: 1/28/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Total actual rent: 29880
    • Tenant pays: Cable TV, Electricity
    • Electric utility on property: Yes
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