Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Saranac Lake Income-Producing Triplex Title is generated by Realmo AI

    39 Shepard Avenue, Saranac Lake, NY 12983

    View on Map
    Claim this Listing
    For Sale
    $349,900

    MULTI_FAMILY - Other - Saranac Lake, NY

    Property size:
    2,730 SF
    Price / SF:
    $128/SF
    Added:
    May 9, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 27 at 1:06 am

    Property Features for 39 Shepard Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Basement
    Apartment, Walk-Out Access
    Standard status
    Active
    APN
    447.78-4-10
    Size
    2,730 SF

    Taxes and HOA fees

    Tax Annual Amount
    5439

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard, Oil
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    3
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Contact an agent
    Matthew Szeliga

    Listing agent Matthew Szeliga License #10371201323

    Listing office Mountain Run Realty P.O. Box 444, Carthage, NY

    Listing date May 9, 2026

    MLS# 207156 Listing URL

    Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three‑unit triplex built in 1920 in the village of Saranac Lake (Adirondack Mountains).
    • Unit mix: two 2‑bedroom apartments and one 3‑bedroom apartment.
    • Renovations completed since 2017 for all units.
    • New asphalt roof installed in 2024; exterior painted in 2025.
    • Utilities include public water and public sewer.
    • Heating includes oil heat with baseboard and hot‑water heating.

    Overview

    Located in the village of Saranac Lake, New York, this income-producing triplex presents an investment opportunity in the Adirondack Mountains. The property features two 2-bedroom apartments and one 3-bedroom apartment. The units have been renovated since 2017, providing modern living spaces. A new roof was installed in 2024, and the exterior was painted in 2025. The property is suitable for owner-occupants or investors, with the potential to occupy one unit and rent the other two. The location offers access to hiking, paddling on the Saranac Chain of Lakes, the Adirondack Rail Trail, local shops, restaurants, and the High Peaks region near Lake Placid. The property's location is known for its natural beauty and quality of life. The building size is 2730 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Saranac Lake
    County
    Franklin
    State
    New York
    Longitude
    -74.126227
    Latitude
    44.325033

    Nearby Similar for Sale

    • $730,000
      3,740 SF

      Colonial Revival Multifamily Building

      Five-unit Colonial Revival building in excellent condition at a high-traffic downtown intersection.
      115 Main Street, Saranac Lake, NY 12983
      View Details
    • $730,000
      3,740 SF

      Colonial Revival Multifamily Building

      Well-maintained building with five residential units at a high-traffic downtown intersection, suited for income or live/work use.
      115 Main Street, Saranac Lake, NY 12983
      View Details
    • $635,000
      3,126 SF

      Historic Mixed-Use Saranac Lake Property

      Landmark property with office space and apartments in prime location.
      30 Academy Street, Saranac Lake, NY 12983
      View Details
    • $1,200,000
      6,811 SF

      Multifamily Investment Opportunity Near Lake

      Nine-unit multifamily property with immediate cash flow and upside potential.
      9 River Street, Saranac Lake, NY 12983
      View Details
    • $750,000
      7,192 SF

      Saranac Lake Mixed-Use Gem

      Iconic mixed-use property in downtown Saranac Lake with riverfront appeal.
      36 Broadway, Saranac Lake, NY 12983
      View Details
    • $695,000
      8,449 SF

      Mixed-Use Retail and Apartment Building

      Downtown mixed-use building with two commercial spaces and a fully remodeled two-bedroom apartment above.
      97 Main Street, Saranac Lake, NY 12983
      View Details
    • $299,000
      2,315 SF

      Two-Unit Duplex with Large Yard

      Two-story duplex offers two 2-bedroom units, each with laundry, plus outbuildings and a large yard.
      66 Bloomingdale Avenue, Saranac Lake, NY 12983
      View Details
    • $450,000
      7,562 SF

      Saranac Lake Mixed-Use Opportunity

      Versatile building in vibrant Adirondack community, ideal for redevelopment.
      15 Brandy Brook Avenue Saranac Lake, NY 12983
      View Details
    • $1,999,000
      7,736 SF

      Adirondack Golf and Country Club

      Historic golf course with development potential in the Adirondacks.
      125 County Route 46, Saranac Lake, NY 12983
      View Details
    • $459,900
      3,687 SF

      Saranac Lake Multi-Unit Investment

      Two buildings, four units, generating income with upside potential.
      223+225 Neil Street, Saranac Lake, NY 12983
      View Details
    • $500,000
      4,680 SF

      Saranac Lake Mixed-Use Investment

      Downtown Saranac Lake mixed-use property with retail and apartments.
      27 Woodruff Street, Saranac Lake, NY 12983
      View Details
    • $990,000
      14,652 SF

      Mixed-Use Commercial Building with Elevator

      Four-level mixed-use building with renovated medical offices and residential units, including an existing elevator.
      86 Main Street, Saranac Lake, NY 12983
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in Saranac Lake with strong rental income.
    Where is this triplex located?
    The property is located at 39 Shepard Avenue Saranac Lake, NY.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Three‑unit triplex built in 1920 in the village of Saranac Lake (Adirondack Mountains).; Unit mix: two 2‑bedroom apartments and one 3‑bedroom apartment.; Renovations completed since 2017 for all units.
    (315) 244-1407
    We can help!
    Contact an agent
    Matthew Szeliga
    Real Estate License ID: 10371201323
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    39 Shepard Avenue, Saranac Lake, NY 12983
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!