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158-160 Newman Road, Lake Placid, NY 12946

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For Sale

$739,000

3,338 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $221.39
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Amenities

Explore this Property

Enjoy the stability of long-term tenants in a high-demand rental market, or take advantage of the opportunity to reside in one apartment and offset your mortgage and living expenses with established rental income. Three total units. Two currently tenant-occupied, one owner-occupied. Each unit features separate laundry hookups and spacious layouts. Garage spaces for three vehicles. Hardwood floors in two units and new wall to wall carpet in 3rd unit. Off-street parking and a minutes from Main Street, Olympic venues, and Adirondack Health. At least 24 Hour notice is required for all showings.
MLS# 206053

Courtesy Of Tina Leonard Real Estate

(518) 523-3224

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows, Basement, Hot Tub Spa, Security System, Security System, Garden, Cable Ready
  • Appliances
    Dishwasher, Dryer, Washer
  • Architecture Style
    Other
  • Floor Covering
    Hardwood, Tile, Carpet
  • Heating System
    Baseboard
  • Lot Size
    0.52 Acres
  • Roof Type
    Metal, Asphalt

Map and Directions

Directions to 158-160 Newman Road, Lake Placid, NY 12946

Home seller CENTURY 21 TheOne

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 TheOne

(518) 563-7350
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.