16 Broad Lane, Au Sable Forks, NY 12912
Local realty services provided by:CENTURY 21 TheOne
16 Broad Lane,Au Sable Forks, NY 12912
$280,000
- 5 Beds
- - Baths
- 6,332 sq. ft.
- Single family
- Active
Listed by: jack newberry, peter j. whitbeck
Office: coldwell banker whitbeck assoc-saranac lake
MLS#:206373
Source:NY_ACVMLS
Price summary
- Price:$280,000
- Price per sq. ft.:$44.22
About this home
Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential. Unit 1: 2 BR / 1 BA | Leased at $1,225/mo Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity) Unit 3: Studio | Month-to-Month at $600/mo Total Gross Monthly Income: $2,325 With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.
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Home facts
- Year built:1920
- Listing ID #:206373
- Added:192 day(s) ago
- Updated:April 03, 2026 at 10:48 AM
Rooms and interior
- Bedrooms:5
- Full bathrooms:3
- Living area:6,332 sq. ft.
Structure and exterior
- Year built:1920
- Building area:6,332 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$44.22
- Tax amount:$4,805
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