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$459,900
New Listing
223+225 Neil StreetSaranac Lake, NY 12983
For Sale|Quadruplex|Active
0
Beds
0
Total Baths
3,687
SqFt
$125
/SqFt
1920
Built
County:
Franklin
Call Now: 518.963.8181
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518.963.8181Upcoming Open Houses
Sun, Feb 22, 11:00 AM - 1:00 PM
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Monthly Payment (Est.)
$2,098Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Rare multi-unit investment opportunity featuring two separate buildings on one property. The first building is a standalone single-family style home offering 3 bedrooms and 1.5 baths, providing flexible rental options or potential owner-occupant use. The second building consists of 3 units: 3/1, 2/1 and 1/1 (basement) The property currently generates $4,300/month in rental income, with clear upside potential as rents are below current market value. Separate layouts allow for diversified tenant mix and strong long-term cash flow potential. Ideal for investors seeking immediate income with room to increase returns over time. Fully rented.
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Listing Snapshot
Price
$459,900
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
3,687 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
1920
MLS® Number
206606
Status
Active
Property Tax
$8,227.8
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 17 hours ago | Listing first seen on site | |
| 17 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.18
Lease Term
Short Term Lease
Property Sub Type
Quadruplex
SqFt Total
3687
Style
A-Frame
Zoning
Mixed
Interior Features
Appliances
Free-Standing Electric OvenFree-Standing Electric Range
Basement
ApartmentFinished
Electric
200+ Amp Service
Heating
Oil
Laundry Features
Electric Dryer HookupWasher Hookup
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Exterior Features
Construction Details
Frame
Exterior
Balcony
Patio And Porch
DeckRear Porch
Road Frontage
Easement
Community Features
MLS Area
Saranac Lake, Raybrook
School District
Saranac Lake
Schools
School District
Saranac Lake
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Stephanie Mason of Mason Realty Team
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: 2026-02-21 10:54 PM 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: 2026-02-21 10:54 PM UTC
Neighborhood & Commute
Source: Walkscore
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