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101 Margaret Street, Saranac Lake, NY 12983

Saranac Lake
Local realty services provided by:CENTURY 21 TheOne
101 Margaret Street,Saranac Lake, NY 12983
$499,950
  • - Beds
  • - Baths
  • 2,673 sq. ft.
  • Multi-family
  • Pending
Listed by: francis (bob) miller
Office: bob miller real estate
MLS#:206594
Source:NY_ACVMLS

Price summary

  • Price:$499,950
  • Price per sq. ft.:$187.04

About this home

Proud to present this beautifully updated 3-unit rental property in immaculate, truly turnkey condition. Every unit has been thoughtfully renovated with modern finishes, stylish kitchens and baths, updated flooring, fresh paint, and quality fixtures throughout. The result is a clean, bright, and welcoming space tenants love -- and an investment you can feel confident about. This property offers: 1. Three well-maintained, income-producing units 2. Strong rental income of 72k+ per year gross in a high-demand area 3. Low-maintenance updates already completed 4. Excellent opportunity for income or affordable owner-occupants Located in the heart of Saranac Lake, you're just minutes from local shops, restaurants, outdoor recreation, and all the charm this Adirondack community is known for. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property checks all the boxes.

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Home facts

  • Year built:1907
  • Listing ID #:206594
  • Added:64 day(s) ago
  • Updated:April 14, 2026 at 07:36 AM

Rooms and interior

  • Living area:2,673 sq. ft.

Structure and exterior

  • Year built:1907
  • Building area:2,673 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$499,950
  • Price per sq. ft.:$187.04
  • Tax amount:$5,692

Parking

  • Total parking spaces:3

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