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$499,950
New Listing

101 Margaret Street
Saranac Lake, NY 12983

For Sale|Triplex|Active
0
Beds
0
Total Baths
2,673
SqFt
$187
/SqFt
1907
Built
County:
Franklin
Call Now: 518.963.8181
Is this the listing for you? We can help make it yours.
518.963.8181
101 Margaret Street101 Margaret Street101 Margaret Street101 Margaret Street
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Mortgage Calculator

Monthly Payment (Est.)

$2,281
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$499,950
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,673 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1907
MLS® Number 
206594
Status 
Active
Property Tax 
$5,692
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
6 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.13
Lease Term 
Short Term Lease
Number Of Stories 
3
Parking 
Open
Parking Spaces 
3
Property Condition 
Updated/Remodeled
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Total 
2673
Style 
Old Style
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
CooktopOvenRefrigeratorWasher/Dryer
Basement 
Full
Cooling 
Heat Pump
Electric 
200+ Amp Service
Flooring 
Ceramic TileHardwood
Heating 
ElectricHot WaterOil
Laundry Features 
In Basement
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Exterior Features
Construction Details 
Wood Siding
Exterior 
Private Entrance
Fencing 
None
Lot Features 
City Lot
Patio And Porch 
Glass EnclosedPorchSide Porch
Pool Features 
None
Roof 
Metal
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Saranac Lake, Raybrook
Roads 
Paved
School District 
Saranac Lake
Township 
Harrietstown
Schools
School District
Saranac Lake
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Francis (Bob) Miller of Bob Miller Real Estate



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: 2026-02-18 10:56 PM UTC

Neighborhood & Commute
Source: Walkscore
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