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    37 Water St Tupper Lake, NY 12986

    For Sale
    $129,000

    Traditional, Multi-Unit (5+) - Tupper Lake, NY

    Property size:
    1,000 SF
    Lot size:
    0.46 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for 37 Water St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    600
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    10
    APN
    000000-490.000-0001-001.000
    Parking features
    Garage
    Size
    1,000 SF
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Oil

    Building Details

    Year built
    1985
    Year renovated
    1985
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    New Traditional

    EXP REALTY

    Listing agent Wayne Hartard (888) 276-0630

    Listing date Oct 21, 2025

    MLS# 11384969 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tupper Lake Multi-Unit Renovation Opportunity

    This former 1930s logging camp, now an eight-unit apartment property, is situated on a 0.46-acre lot in a desirable location. The main house contains three units: one 2-bedroom, 1-bath unit on the lower level, and two 1-bedroom, 1-bath units above. An additional five motel-style units have been gutted and are ready for renovation, suitable for conversion into studios or 1- to 2-bedroom apartments. The main house requires repairs due to improper winterization. The property has public water and sewer, a private electric utility, and ample parking. This property offers an opportunity for investors, handymen, or developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Pharmacy Hotel & Motel Bar & Pub Department Store Daycare Center Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tupper Lake
    County
    Franklin
    State
    New York
    Longitude
    -74.479829
    Latitude
    44.237149

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit property in Tupper Lake, ready for renovation and development.
    Where is this apartment building located?
    The property is located at 37 Water St Tupper Lake, NY.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - 8-unit apartment property on a 0.45-acre lot in a desirable location.; - Opportunity for investor, handyman, or developer to renovate and add value.; - Main house with three existing units (one 2-bedroom, two 1-bedroom).
    (888) 276-0630
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    37 Water St Tupper Lake, NY 12986
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