This boutique-style vacation rental property, comprised of four newly renovated units, boasts a prime location just a short, convenient stroll from downtown Lake Placid. Situated within the Gateway Corridor and possessing the necessary permits, this property offers excellent income and strong rental history. Comprising one two-bedroom unit, two one-bedroom units, and one studio apartment, each of these well-appointed units exudes a cozy ambiance with a touch of modern Adirondack charm. In 2022 alone, these units generated over $100,000 in revenue, a remarkable achievement considering they were under construction and remodel for a portion of the year. This property is being offered fully turnkey, featuring numerous upgrades both inside and out. Ample parking is readily available to accommodate guests comfortably.

MLS#200519
2807 Wilmington Road, Lake Placid
$850,000
Listing courtesy of Merrill L. Thomas, Inc.
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Property Information
Price:
$850,000850000
MLS#:
200519
Type:
Multi-Family
Area: Lake Placid, New York
Acres:
0.20
Waterfront:
Yes
Zoning:
Mixed
School District:
Lake Placid
Tax Map:
42.224-1-6.000
Total Taxes:
$4,412
Year Built:
1940
Garage / Carport:
No