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171 Elm Street, Lake Placid, NY 12946

Lake Placid
Local realty services provided by:CENTURY 21 TheOne
171 Elm Street,Lake Placid, NY 12946
$795,000
  • 5 Beds
  • 4 Baths
  • 3,600 sq. ft.
  • Single family
  • Active
Listed by: mark adler, margie philo
Office: adirondack premier properties berkshire hathaway homeservice
MLS#:206512
Source:NY_ACVMLS

Price summary

  • Price:$795,000
  • Price per sq. ft.:$220.83

About this home

An exceptional real estate investment opportunity of a 4-family home. Includes a two-bedroom apt., a one-bedroom apt., a studio apt and a separate resort quality one-bedroom cottage. $4,600 current monthly rental income. The property has been completely renovated inside and out, including new kitchens, bathrooms and flooring. Ideally located within walking distance to the Olympic Village and restaurants. Potential to operate as a Hosted short term rental property which would require an approved permit. 48-hour notice required for all showings.

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Home facts

  • Year built:1940
  • Listing ID #:206512
  • Added:24 day(s) ago
  • Updated:February 18, 2026 at 11:53 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:8
  • Living area:3,600 sq. ft.

Structure and exterior

  • Year built:1940
  • Building area:3,600 sq. ft.
  • Lot area:0.25 Acres

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$220.83
  • Tax amount:$8,065

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