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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2807 Wilmington Road in Lake Placid, NY is listed for $815,000 ($332 per sqft). Built in 1945, the home offers 2,454 sqft of living space on a 0.20 acres lot.
Rustic style meets modern charm in this beautifully renovated vacation rental property. Comprised of four units with private entrances, this property is located in a prime location just a short, convenient stroll from downtown Lake Placid. Situated within the Gateway Corridor and by possessing the necessary permits, this property offers excellent income and strong rental history.
This multi unit is made up of a two bedroom unit, three one bedroom units and a common area laundry room with 2 sets of machines. This property has been thoughtfully upgraded inside and out and includes great amenities for guests such as retractable awnings, private outdoor lounging, and an EV charge station. These units generate $100,000 in revenue a year. Furnishings are negotiable allowing this to be a turn key operation for the next owner.
Key Features
- Built in 1945
- 0.20 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$4,359/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2807 Wilmington Road
Lake Placid, NY 12946
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2807 Wilmington Road is listed at $815,000 ($332/sqft). The estimated monthly payment is $3,532 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.20 acre lot, 2 stories. Interior Features: Apartment, Recessed Lighting. Exterior Features: Awning(s), Barbecue, Lighting.
This property is listed by Kristina Clifford and can be reached at 5183540542 or ktina27.ks@gmail.com.
