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MLS#206594

101 Margaret Street, Saranac Lake

$499,950
0.13 ac
Proud to present this beautifully updated 3-unit rental property in immaculate, truly turnkey condition. Every unit has been thoughtfully renovated with modern finishes, stylish kitchens and baths, updated flooring, fresh paint, and quality fixtures throughout. The result is a clean, bright, and welcoming space tenants love -- and an investment you can feel confident about.This property offers:1. Three well-maintained, income-producing units2. Strong rental income of 72k+ per year gross in a high-demand area3. Low-maintenance updates already completed4. Excellent opportunity for income or affordable owner-occupantsLocated in the heart of Saranac Lake, you're just minutes from local shops, restaurants, outdoor recreation, and all the charm this Adirondack community is known for. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property checks all the boxes.
Listing courtesy of Bob Miller Real Estate

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Property Information

Price:
$499,950499950
MLS#:
206594
Type:
Multi-Family
Area: Saranac Lake, New York
Acres:
0.13
School District:
Saranac Lake
Tax Map:
447.61-10-10
Total Taxes:
$5,692
Year Built:
1907
Stories:
3
Garage / Carport:
No