Lake Homes Realty
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171 elm

Lake Placid, NY 12946

$795,000

5 BEDS 4 BATHS
3,600 SQFT0.25 AC LOT
Residential - Single Family
Image 1: ApartmentBuildingOnElm_A_Exterior_L
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Bedrooms 5
Total Baths 4
Full Baths 4
Square Feet 3600
Acreage 0.25
Status Active
MLS # 206512
County Essex
More Info
Category Residential - Single Family
Status Active
Square Feet 3600
Acreage 0.25
MLS # 206512
County Essex
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 current monthly 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.
Location not available

Exterior Features

  • Style Adirondack, Colonial
  • Construction Single Family
  • Siding Metal
  • Exterior Lighting
  • Roof Metal
  • Garage Yes
  • Garage Description 1
  • Lot Dimensions .25
  • Lot Description Few Trees, Landscaped, Many Trees

Interior Features

  • Appliances Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Heating Baseboard, Electric
  • Cooling None
  • Basement Full, Unfinished
  • Fireplaces 1
  • Living Area 3,600 SQFT
  • Year Built 1940
  • Stories 3

Neighborhood & Schools

  • Subdivision None

Financial Information

  • Parcel ID 42.157-3-10.000
  • Zoning Residential

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
The data for this listing came from the Adirondack-Champlain Valley MLS, NY.
Listing data is current as of 02/17/2026.

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