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Three-Unit Triplex with Ground-Floor Unit
For Sale
$324,900

27 Winona Avenue, Saranac Lake, NY 12983

Ground-floor 2-3 bedroom apartment accompanies two additional units, offering a flexible residential income property.

Property SizeContact for details
Days on Market16

Property Features for 27 Winona Avenue

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,831
Listing Agency: Say Real Estate
Listed By: Carl (CJ) Hagmann
Source: Exprealty
Added: Jul 28 Changed: Aug 9 Last Checked: Aug 11 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Say Real Estate

Investment Insights

Based on property information with market context.

This three-unit residential property includes a ground-floor apartment with a 2-3 bedroom layout, along with two additional apartments. The configuration supports a range of ownership approaches, including occupying the lower-level residence while leasing the other units. The property also offers potential for conversion into a single-family home.

Located at 27 Winona Avenue in Saranac Lake, the property is near downtown, North Country Community College, the Adirondack Rail Trail, and the village waterfront redevelopment. A new waterfront hotel is across the street, while restaurants, shops, parks, and year-round community events are within a short walk.

Key Highlights

  • Three‑unit property with one ground‑floor 2‑3 bedroom apartment
  • Two additional apartments provide separate residential units
  • Potential conversion to a single‑family residence

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Nail Salon HVAC Service Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

Demographics for 12983, NY

7,073
Population
4,664
Households
1.5
Avg Household Size
46
Median Age
43%
College-Educated
93%
High-School Grad
115.8 sq mi
ZIP Area
61
Density / Sq Mi
$64,604
Median Household Income
$39,717
Median Earnings
$845
Median Rent
$207,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Ground-floor 2-3 bedroom apartment accompanies two additional units, offering a flexible residential income property.
Where is this triplex located?
The property is located at 27 Winona Avenue Saranac Lake, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Three‑unit property with one ground‑floor 2‑3 bedroom apartment; Two additional apartments provide separate residential units; Potential conversion to a single‑family residence
More about this property
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