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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
$795,000Last list price
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: mark adler, margie philo
Office: adirondack premier properties berkshire hathaway homeservice
MLS#:206512
Source:NY_ACVMLS

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Price summary

  • Price:$795,000

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:135 day(s) ago
  • Updated:June 18, 2026 at 04:52 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:8

Structure and exterior

  • Year built:1940

Finances and disclosures

  • Price:$795,000
  • Tax amount:$8,065

Parking

  • Total parking spaces:5
  • Garage:Yes
  • Garage spaces:1

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