5732&5734 NYS Route 86 , Wilmington

Secure a high-occupancy residential asset in the Adirondacks' most sought-after recreation corridor. This 5-unit multi-family property in Wilmington offers a unique lifestyle draw for tenants: private river access paired with a location only 5 minutes from the base of Whiteface Mountain.Property Breakdown:Composition: (4) 1BR/1BA apartments plus (1) 1BR/1BA detached single-family residence.Total Gross Income: $4,525 per month.Owner-Friendly Mechanics: All units feature separately metered utilities, keeping owner expenses predictable and low.The 'Wilmington Edge': Demand in this area is driven by its 15-minute proximity to Lake Placid and its status as a mountain biking and skiing mecca.Whether you are looking for a stable long-term hold or a 'house-hack' where you live in the riverfront cottage while the four units pay your mortgage, 5732-5734 NYS Rte 86 is a rare find in a supply-constrained market.