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  • $295,000

    75 Margaret St, Saranac Lake, NY 12983

    --beds
    0baths
    1,512sqft
    Duplex
    Built in 1910
    -- sqft lot
    $297,800 Zestimate®
    $195/sqft
    $1,435 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: May 02, 2025 at 02:01pm

    Listed by:

    Kelsey Cassidy,

    Merrill L. Thomas, Inc.

    Bought with:

    Stuart Ruttan, II, 10401349737

    Merrill L. Thomas, Inc.

    Source: ACVMLS,MLS#: 203825MLS Logo

    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 sqft
    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 & neighborhood

    Location
    • Region: Saranac Lake

    HOA & financial

    Other financial information
    • Total actual rent: 29880

    Other

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