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Saranac Lake See all listings
75 Margaret Street, Saranac Lake, NY 12983
$325,000
MLS# 203825
0.13 acres
1,512 sq. ft
Listing Courtesy of: Merrill L. Thomas, Inc.
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Overview
Welcome to 75 Margaret Place, a beautifully maintained historic home in the heart of Saranac Lake with roots dating back to 1911 as the Garwood Cottage and later the Sarnsky Cottage in 1929. This charming property offers the perfect blend of historic character and modern upgrades, all within walking distance to everything the village has to offer. Featuring two well-maintained units, the main level consists of a 1-bedroom, 1-bath apartment, while the upper level offers a spacious 2-bedroom, 1-bath layout. Ideal for owner-occupants or investors seeking stable passive income, the downstairs unit has been tastefully renovated and is in impeccable condition, making it an attractive space for tenants or owners alike, while the current tenant’s rent helps cover the mortgage. The upstairs apartment boasts spacious rooms, charming wood details, abundant natural light, and a bonus room that can serve as a third bedroom or office space. Additional features include a two-car garage with a spacious patio above that’s perfect for entertaining or relaxing by a fire pit, ample storage in the basement, and two washer/dryer units for added convenience. Don’t miss this rare opportunity to own a piece of Saranac Lake history while enjoying modern comforts and financial benefits—it won’t last long!
Details & Amenities
Listing Details
- MLS #: 203825
- Status: Active
- Date Listed: 01-28-2025
- Sq. Ft: 1,512
- Acreage: 0.13
- Seasonal Property: No
- Listing Agent: Kelsey Cassidy
- Listing Courtesy of: Merrill L. Thomas, Inc.
Interior Features
- Basement: Walk-Up Access
- Heating Type: Oil
Exterior & Lot Features
- County: Franklin
- Town: Saranac Lake
- School District: Saranac Lake
- Views: None
- Garage Spaces: 2
- Lot Size Area: 0.13
- Sewer: Public Sewer
Building & Construction
- Tax Map #: 446.68-5-5
- Annual Taxes: $2,384
- Year Built: 1910
- Exterior Siding: Stone, Wood Siding
- Roof Type: Asphalt
- Foundation Details: Poured, Stone
- Water Source: Public
- Architectural Style: Old Style
- Home Levels: Multi/Split
