Link Copied
Listed price in listed location currency (USD).
$459,900

006

MLS® 206606

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes $8,228
Days Active 54
Lot Size 
Approx. Age 1920
MLS® Number 206606

Property Address: 223+225 Neil St, Saranac Lake, NY, 12983

Average square foot calculated using Size range provided by listing agent.

Description

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 with long term tenants Perfect setup for owner occupied main building and rental building to supplement mortgage.
MLS® Number206606
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementApartment, Finished
DrivewayOff Street, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 21, 2026List Date
$459,900List Price
  • Commute

Commute

Starting Address
Destination Address
223225 Neil St, Saranac Lake, NY

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties