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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
  • - Beds
  • - Baths
  • 3,166 sq. ft.
  • Multi-family
  • Active
Listed by: jack newberry
Office: coldwell banker whitbeck assoc-saranac lake
MLS#:206372
Source:NY_ACVMLS

Price summary

  • Price:$280,000
  • Price per sq. ft.:$88.44

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 #:206372
  • Added:1 day(s) ago
  • Updated:December 24, 2025 at 04:46 PM

Rooms and interior

  • Living area:3,166 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:3,166 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$280,000
  • Price per sq. ft.:$88.44
  • Tax amount:$5,715

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