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MLS#206512

171 Elm Street, Lake Placid

$795,000
5
4
3,600 sqft
0.25 ac
An exceptional real estate investment opportunity of a 4-family home. Includes a two-bedroom apt., a one-bedroom apt., a studio apt and a separate resort quality one-bedroom cottage. $4,600 currentmonthly rental income. The property has been completely renovated inside and out, including new kitchens, bathrooms and flooring. Ideally located within walking distance to the Olympic Village and restaurants. Potential to operate as a Hosted short term rental property which would require an approved permit. 48-hour notice required for all showings.
Listing courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService

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Property Information

Price:
$795,000795000
MLS#:
206512
Type:
Residential
Area: Lake Placid, New York
Acres:
0.25
Lot Dimensions:
.25
Zoning:
Residential
School District:
Lake Placid
Tax Map:
42.157-3-10.000
Total Taxes:
$8,065
Style:
Adirondack, Colonial
Year Built:
1940
SQFT:
3,600
Seasonal:
Yes
Stories:
3
Beds:
5
Baths:
4
Garage / Carport:
Yes
Heating:
Baseboard, Electric
Cooling:
None
Electrical:
200+ Amp Service