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Saranac Lake See all listings

24 Sumner Place, Saranac Lake, NY 12983

$325,000

MLS# 202172

0.27 acres

3,396 sq. ft

Listing Courtesy of: Engel & Volkers Lake Placid Real Estate

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Portrait of Jon Gorgras

Jonathan Gorgas

518-637-2873

[email protected]

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Overview

This well-maintained, income-generating residential property in desirable Saranac Lake features four 1-bedroom, railroad-style units. Each unit has extra space for an additional bedroom or office. You can choose to live in one unit and rent out the others, or lease all four for maximum returns. Residents will appreciate the ample parking, two stall garage and significant updates made in 2013, including a new roof, high-efficiency boiler, and upgraded electrical system. Additionally, kitchen and floor renovations have been completed in two out of the four units.

Situated within walking distance of Lake Flower, Riverside Park, and the vibrant downtown Saranac Lake, this location is highly sought after. With views of Baker mountain and situated on a quiet street. Whether you’re a seasoned investor or new to real estate, this opportunity is too good to overlook. Take advantage of this prime investment and secure your future in the flourishing Saranac Lake market!

Details & Amenities

Listing Details

  • MLS #: 202172
  • Status: Active
  • Date Listed: 06-19-2024
  • Sq. Ft: 3,396
  • Acreage: 0.27
  • Seasonal Property: No
  • Listing Agent: Christine Mulvihill
  • Listing Courtesy of: Engel & Volkers Lake Placid Real Estate

Interior Features

  • Heating Type: Hot Water, Propane

Exterior & Lot Features

  • County: Franklin
  • Town: Saranac Lake
  • School District: Saranac Lake
  • Views: Mountain(s)
  • Garage Spaces: 2
  • Lot Size Area: 0.27
  • Other Structures: Garage(s)
  • Total Parking: 4
  • Sewer: Public Sewer
  • Zoning Description: Residential

Building & Construction

  • Tax Map #: 447.77-1-1.100
  • Annual Taxes: $3,896
  • Year Built: 1930
  • Parking Features: Driveway, Garage Faces Side
  • Exterior Siding: Aluminum Siding
  • Roof Type: Metal
  • Foundation Details: Poured
  • Electric AMP: 200+ Amp Service
  • Water Source: Public
  • Architectural Style: Old Style
  • Home Levels: Two
  • Window Features: Single Pane Windows, Storm Window(s)