Two-Home Residential Income
For Sale
$849,000
5701 NYS Route 86, Wilmington, NY 12997
MULTI_FAMILY - Other - Wilmington, NY
Property Size1,582 SF
Lot Size1.60 Acres
Price / SF$536.66
Days on Market60
Property Features for 5701 NYS Route 86
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
Residential
Spa
1
Patio and Porch features
Porch, Deck
Interior features
Natural Woodwork
Exterior features
Balcony, Fire Pit, Private Yard
Basement
Crawl Space
Appliances
Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator, Washer/Dryer Stacked
Elementary school district
Lake Placid
Middle school district
Lake Placid
High school district
Lake Placid
Subdivision
Jay, Wilmington
Standard status
Active
APN
16.3-2-26.000
Size
1,582 SF
Lot size
1.60 Acres
Taxes and HOA fees
Tax Annual Amount
5086
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Window Unit(s)
Water source
Private, Well
Building Details
Year built
2017
Building materials
Wood Siding
Architectural style
Other
Listing Agency:
Real Broker NY, LLC
(855) 450-0442
Listed By:
Gabrielle Neidlinger
(516) 557-9484
Added: Jun 3
Changed: Jul 30
Last Checked: Aug 1 at 2:06AM
MLS# 207461
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.
Investment Insights
Based on property information with market context.
This residential income property includes two fully independent homes, each configured with two bedrooms and one bathroom. Each home also features a private hot tub, a lean-to, and a dedicated patio. The residences have completely separate electric and septic systems, and both are being sold fully furnished.
In addition, the property includes a historic fire tower that is being sold as-is and is structurally complete. The framework is in place for the next owner to finish the tower to their standards and pursue it as a third revenue stream.
The two homes have an established short-term rental performance record, with combined Airbnb income averaging over $90,000 per year across the last five years, according to the listing materials. The property is located at 5701 NYS Route 86 in Wilmington, New York, in Essex County, on approximately 1.6 acres, zoned Residential.
In addition, the property includes a historic fire tower that is being sold as-is and is structurally complete. The framework is in place for the next owner to finish the tower to their standards and pursue it as a third revenue stream.
The two homes have an established short-term rental performance record, with combined Airbnb income averaging over $90,000 per year across the last five years, according to the listing materials. The property is located at 5701 NYS Route 86 in Wilmington, New York, in Essex County, on approximately 1.6 acres, zoned Residential.
Key Highlights
- Two fully independent income‑producing homes, each with 2 bedrooms and 1 bathroom
- Separate electric and septic systems for each residence for operational independence
- Each home includes a private hot tub plus a dedicated deck or porch and private yard
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Explore this area
Business Placement
Demographics for 12997, NY
1,139
Population
818
Households
1.4
Avg Household Size
51
Median Age
31%
College-Educated
96%
High-School Grad
65.2 sq mi
ZIP Area
17
Density / Sq Mi
$80,568
Median Household Income
$53,189
Median Earnings
$1,095
Median Rent
$272,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two independent residences provide separate utilities and each offers two bedrooms, one bath, and a private hot tub and patio.
Where is this triplex located?
The property is located at 5701 NYS Route 86 Wilmington, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two fully independent income‑producing homes, each with 2 bedrooms and 1 bathroom; Separate electric and septic systems for each residence for operational independence; Each home includes a private hot tub plus a dedicated deck or porch and private yard
