223+225 Neil Street, Saranac Lake

Rare multi-unit investment opportunity featuring two separate buildings on one property. The first building is a standalone single-family style home offering 3 bedrooms and 1.5 baths, providing flexible rental options or potential owner-occupant use.The second building consists of 3 units: 3/1, 2/1 and 1/1 (basement)The property currently generates $4,300/month in rental income, with clear upside potential as rents are below current market value.Separate layouts allow for diversified tenant mix and strong long-term cash flow potential. Ideal for investors seeking immediate income with room to increase returns over time. Fully rented with long term tenantsPerfect setup for owner occupied main building and rental building to supplement mortgage.