# 79 Franklin Avenue, Saranac Lake, NY 12983 > **TL;DR:** multi-family, $425,000 ($123/sqft), built 1930, 3,442 sqft. Est. $2,273/mo. Listed 11 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $425,000 | | Price/sqft | $123 | | Square Feet | 3,442 | | Year Built | 1930 | | Stories | 3 | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 11 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,149 | | Estimated Insurance | $124 | | **Total** | **$2,273** | ## Property Highlights - Built in 1930 - 3 stories - 4 parking spaces ## Description ### Agent Description Updated 4-unit multifamily investment property in Saranac Lake, NY, about three blocks from Lake Flower. This quadriplex offers one 2-bedroom, 1-bath apartment and three 1-bedroom, 1-bath apartments. It's a strong fit for an investor building a rental portfolio or for a buyer who wants to live in one unit and rent out the other three. Each apartment has its own 100-amp electrical service on a separate meter. Electrical has been updated throughout, and most plumbing has been updated to PEX. The building also offers a new roof (2021), fresh paint throughout, an electric heat pump water heater, electric baseboard and wall fan heat, propane stoves, and wood floors throughout. Smoke detectors are connected to Mahoney Alarms, and a paved rear parking area holds 4+ cars. Apartment 1 is the 2-bedroom unit, with its own separate entrance, granite countertops and a washer/dryer hookup. Apartment 3 includes a washer and dryer as well as radiant floor heat in the bathroom. Apartment 4 is vacant and in the final stage of renovation. It has a washer and dryer and dimmable lighting, and a new kitchen countertop will be installed before closing, so it will be ready for a new tenant or an owner-occupant. The top-floor apartment offers views of Baker Mountain and a 3-season sun porch. Lake Flower is about two blocks away, and downtown Saranac Lake's restaurants and shops are less than half a mile away. This updated Saranac Lake quadriplex has income potential from day one. ## Location - **Address:** 79 Franklin Avenue, Saranac Lake, NY 12983 - **County:** Essex - **Coordinates:** 44.327085, -74.125734 - **Google Maps:** https://www.google.com/maps?q=44.327085,-74.125734 ## Listing Agent - **Name:** Chase Jermano - **Brokerage:** Tina Leonard Real Estate - **Broker Phone:** 5185233224 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/79-Franklin-Ave_Saranac-Lake_NY_12983_M94679-44548?f=listhub&s=ACVMLSNY&m=208647&c=propsimple) ## Photos ![79 Franklin Avenue - Photo 1](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1259532593r.jpg) ![79 Franklin Avenue - Photo 2](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2521572824r.jpg) ![79 Franklin Avenue - Photo 3](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1079548227r.jpg) ![79 Franklin Avenue - Photo 4](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1836133378r.jpg) ![79 Franklin Avenue - Photo 5](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3692816948r.jpg) ![79 Franklin Avenue - Photo 6](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3288827907r.jpg) ![79 Franklin Avenue - Photo 7](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3521173861r.jpg) ![79 Franklin Avenue - Photo 8](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1073969816r.jpg) ![79 Franklin Avenue - Photo 9](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2627154820r.jpg) ![79 Franklin Avenue - Photo 10](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1170892178r.jpg) ![79 Franklin Avenue - Photo 11](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3412417804r.jpg) ![79 Franklin Avenue - Photo 12](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f899926172r.jpg) ![79 Franklin Avenue - Photo 13](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f882963447r.jpg) ![79 Franklin Avenue - Photo 14](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2170910177r.jpg) ![79 Franklin Avenue - Photo 15](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2006846904r.jpg) ![79 Franklin Avenue - Photo 16](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2847637532r.jpg) ![79 Franklin Avenue - Photo 17](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2872646061r.jpg) ![79 Franklin Avenue - Photo 18](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1761013519r.jpg) ![79 Franklin Avenue - Photo 19](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2460251139r.jpg) ![79 Franklin Avenue - Photo 20](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3028718915r.jpg) ![79 Franklin Avenue - Photo 21](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2571176740r.jpg) ![79 Franklin Avenue - Photo 22](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2408260672r.jpg) ![79 Franklin Avenue - Photo 23](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f40423489r.jpg) ![79 Franklin Avenue - Photo 24](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1793588719r.jpg) ![79 Franklin Avenue - Photo 25](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2789099720r.jpg) ![79 Franklin Avenue - Photo 26](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3915377127r.jpg) ![79 Franklin Avenue - Photo 27](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2561986166r.jpg) ![79 Franklin Avenue - Photo 28](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f4285196117r.jpg) ![79 Franklin Avenue - Photo 29](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f533344878r.jpg) ![79 Franklin Avenue - Photo 30](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f4234386105r.jpg) ![79 Franklin Avenue - Photo 31](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f2481438940r.jpg) ![79 Franklin Avenue - Photo 32](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3676686794r.jpg) ![79 Franklin Avenue - Photo 33](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f443828563r.jpg) ![79 Franklin Avenue - Photo 34](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f4138516100r.jpg) ![79 Franklin Avenue - Photo 35](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f1547117326r.jpg) ![79 Franklin Avenue - Photo 36](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f3873017963r.jpg) ![79 Franklin Avenue - Photo 37](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f591444548r.jpg) ![79 Franklin Avenue - Photo 38](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f4029757776r.jpg) ![79 Franklin Avenue - Photo 39](http://lh.rdcpix.com/f6823dda2225d4709b038bb8728778eal-f42922673r.jpg) --- **MLS#:** 208647 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/79-franklin-avenue-saranac-lake-ny-12983-109e5bb1c80c49d3b377df28604e48e3) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/79-franklin-avenue-saranac-lake-ny-12983-109e5bb1c80c49d3b377df28604e48e3#listing", "url": "https://staging.propertysimple.ai/listing/79-franklin-avenue-saranac-lake-ny-12983-109e5bb1c80c49d3b377df28604e48e3", "name": "79 Franklin Avenue, Saranac Lake, NY 12983", "description": "Updated 4-unit multifamily investment property in Saranac Lake, NY, about three blocks from Lake Flower. This quadriplex offers one 2-bedroom, 1-bath apartment and three 1-bedroom, 1-bath apartments. 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