Below, search all multifamily homes for sale in Lake Placid, NY. Though there are not many usually on the market, so the available multifamily properties are highly saught after. Buyers will find apartment buildings as well as smaller, in-home units. If you're looking for an investment property in Lake Placid, this is the place to find it!
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Please feel free to get in touch with the local realtors at Whitbeck Associates with any questions and to schedule a tour for any home below.
Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts and 22 studio/1bdrm apartments, a cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual Site Plan in Documents! Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/residential expansion/growth are many! Apartments stay occupied, current monthly income is approximately $16, 000 (per seller). On Lake Placid free shuttle route, in walking distance to all the main attractions **Owner financing possible**
This classic 4 bedroom, 2.5 bath Lk Placid Village home has an additional two bedroom, 1.5 bath apartment included.The apartment has a separate entrance and strong vacation rental history. The main houses kitchen was just renovated in 2016 with granite countertops, stainless steel appliances, tile floors, new lighting and more. Freshly refinished hardwood floors throughout the entire home, new roof in 2014, sunroom, as well as enclosed and open porches add to this homes unique features. Attached garage/workshop and plenty of closets mean lots of storage for tools and outdoor gear.This home would be perfect for both year-round or seasonal living.Walking distance to all that Main St. offers.
Well maintained and clean apartment building with mountain views. Conveniently located to Main Street and village amenities. 3 very nice, well maintained and clean apartments. This is NOT a fixer-upper apartment building. Start collecting rent right away! Investment opportunity. Multiple large covered porches on the front and back of the building. Beautiful mountain views on the back of the building. Off street parking.
Great income investment in the Lake Placid area. Live in one and rent out the other. So much potential to this property. This home is located close to everything from the school, shopping and churches. There will be endless possibilities for this home. Making it your own will bring years of happiness.