Looking for a robust income property in the Adirondacks? This 9-unit residential package offers a rare opportunity to own two neighboring buildings with a proven track record of consistent rental income. Generating $8,925 in gross monthly revenue, this property is perfectly positioned for an owner-operator or a growing residential portfolio.
Located within easy walking distance to downtown shopping, dining and nightlife.
All units are separately metered, simplifying management and overhead with a versatile mix ranging from efficient studios to a large 3-bedroom unit, catering to a wide range of the local rental market.
The location is also commuter-friendly being only 20 minutes from Whiteface Mountain and 30 minutes to Plattsburgh or Lake Placid.
The package includes ample off-street parking and the benefit of two adjacent lots for streamlined maintenance. Whether you are looking for a long-term hold or a high-performing rental hub near the Olympic region, these properties deliver both stability and location.
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.
Situated in a quiet neighborhood within the scenic Adirondack Park, discover the potential of 16 Broad Lane, a spacious property nestled in the heart of AuSable Forks. Whether you are looking for a primary residence with 'mortgage helper' income or a grand project to restore into a stately single-family home, this property offers the floor plan and location to make it happen.
Located just 20 minutes to the slopes of Whiteface Ski Resort and a short 30-minute drive to the amenities of Plattsburgh or the charm of Lake Placid.
Currently configured as three separate units, the layout provides incredible flexibility. Live in the spacious 2-bedroom main unit while the other two units pay your taxes and insurance, or take advantage of the existing structure to create a large, cohesive family home with room for a home office, hobby studio, and guest wing.
Bring your vision to this Adirondack gem and create the lifestyle you've been dreaming of.
Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential.
Unit 1: 2 BR / 1 BA | Leased at $1,225/mo
Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity)
Unit 3: Studio | Month-to-Month at $600/mo
Total Gross Monthly Income: $2,325
With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.
Nestled on the picturesque Keene, this exceptional 3-acre lot on Gilmore Hill Road in offers an unparalleled opportunity to embrace the tranquility of a close-knit community with rich historical roots. Nestled among the trees, this private and secluded property provides a rare chance to create a home that is both an oasis and a gateway to adventure. Embrace the outdoors with nearby hiking trails, perfect for exploring the natural wonders that surround you. Bike through picturesque landscapes or conquer cross-country trails that wind through the enchanting terrain. Your backyard becomes a gateway to adventure, inviting you to connect with the great outdoors. One of the property's most enchanting features is the breathtaking panoramic view of the Adirondack Great Range. Witness stunning sunsets and sunrises that paint the sky with hues of orange, pink, and purple, creating a daily masterpiece that will never cease to amaze. While enjoying the serenity of your private haven, you're never far from excitement. Lake Placid and the renowned Whiteface Ski Resort are just a stone's throw away, providing year-round activities and entertainment.
In essence, this 3-acre lot (3 acres is the minimum purchase, but additional acreage is available) on Gilmore Hill Road is not just land; it's an invitation to craft a lifestyle where history, nature, and adventure seamlessly converge. Create your haven, build your legacy, and embrace the essence of Keene's rich tapestry from the comfort of your private retreat.
Located within easy walking distance to downtown shopping, dining and nightlife.
All units are separately metered, simplifying management and overhead with a versatile mix ranging from efficient studios to a large 3-bedroom unit, catering to a wide range of the local rental market.
The location is also commuter-friendly being only 20 minutes from Whiteface Mountain and 30 minutes to Plattsburgh or Lake Placid.
The package includes ample off-street parking and the benefit of two adjacent lots for streamlined maintenance. Whether you are looking for a long-term hold or a high-performing rental hub near the Olympic region, these properties deliver both stability and location.