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$795,000
20 Days On Site
171 Elm StreetLake Placid, NY 12946
For Sale|Single Family Residence|Active
5
Beds
4
Total Baths
4
Full Baths
3,600
SqFt
$221
/SqFt
1940
Built
Subdivision:
None
County:
Essex
Call Now: 518.963.8181
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518.963.8181
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Monthly Payment (Est.)
$3,627Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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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Listing Snapshot
Price
$795,000
Days On Site
20 Days
Bedrooms
5
Inside Area (SqFt)
3,600 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.25 Acres
Year Built
1940
MLS® Number
206512
Status
Active
Property Tax
$8,065.1
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing first seen on site | |
| 3 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
0.25
Attached Garage
Yes
Garage
Yes
Garage Spaces
1
Lease Term
Short Term Lease
Levels
Three Or More
Number Of Stories
3
Parking
DeckDrivewayNo GaragePavedAttached
Parking Spaces
5
Property Sub Type
Single Family Residence
Security
Carbon Monoxide Detector(s)Smoke Detector(s)
Special Circumstances
Standard
SqFt Above
3600
SqFt Total
3600
Style
AdirondackColonial
Utilities
Cable AvailableSewer ConnectedWater Connected
Zoning
Residential
Interior Features
Appliances
DishwasherDryerElectric CooktopElectric OvenMicrowaveRefrigeratorWasher
Basement
FullUnfinished
Electric
200+ Amp Service
Fireplace
Yes
Fireplace Features
Living Room
Fireplaces
1
Heating
BaseboardElectric
Main Level Bedrooms
2
Window Features
Insulated Windows
Bedroom 2
Dimensions - 11 x 11Level - Second
Bedroom 3
Dimensions - 11 x 13Level - Second
Dining Room
Dimensions - 11.5 x 14Level - First
Kitchen
Dimensions - 11.5 x 12.5Level - First
Living Room
Dimensions - 13 x 14.5Level - First
Other Room
Dimensions - 5 x 12Level - First
Primary Bathroom
Dimensions - 4 x 5.5Level - First
Primary Bedroom
Dimensions - 13 x 11Level - First
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Exterior Features
Construction Details
Wood Siding
Exterior
Lighting
Lot Features
WoodedFew TreesLandscapedMany Trees
Roof
Metal
View
Neighborhood
Waterfront Features
None
Waterview
Neighborhood
Windows/Doors
Insulated Windows
Community Features
Financing Terms Available
Cash
MLS Area
Lake Placid
Roads
Paved
School District
Lake Placid
Schools
School District
Lake Placid
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Mark Adler of Adirondack Premier Properties Berkshire Hathaway HomeService
Listing information is provided by Participants of the Adirondack Champlain Valley MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Adirondack Champlain Valley MLS.
Last checked: 2026-02-23 01:01 AM UTC
Listing information is provided by Participants of the Adirondack Champlain Valley MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Adirondack Champlain Valley MLS.
Last checked: 2026-02-23 01:01 AM UTC
Neighborhood & Commute
Source: Walkscore
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