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Three-Unit Triplex
New
For Sale
$225,000

68 Virginia Street, Saranac Lake, NY 12983

Residential Income, Saranac Lake, NY

Property Size2,034 SF
Lot Size0.08 Acres
Price / SF$110.62
Days on Market3

Property Features for 68 Virginia Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Elementary school district Saranac Lake
Middle school district Saranac Lake
High school district Saranac Lake
Directions On the corner of Garden St and Virginia St. Garden St. is directly across from the Hyde on Broadway.
Subdivision Saranac Lake, Raybrook
Standard status Active
APN 446.68-2-17
Size 2,034 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 4086

Utilities

Sewer type Public Sewer
Water source Public

Amenities

common laundry area

Building Details

Year built 1910
Floors in Building 2
Listing Agency: Mountain Run Realty
Listed By: Matthew Szeliga · License #10371201323
Added: Sep 12 Last Checked: Sep 14 at 9:06AM
MLS# 208389

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 2,034-square-foot triplex in Saranac Lake contains three residential units: two one-bedroom apartments and one two-bedroom apartment. A shared laundry area serves the building, which was constructed in 1910. The roof was replaced approximately six years ago.

The property occupies 0.08 acres at 68 Virginia Street in the village of Saranac Lake, near downtown. Public water and public sewer serve the site. Its unit mix provides a distinct three-unit configuration within a compact multifamily property.

Key Highlights

  • Three‑unit triplex with two one‑bedroom units and one two‑bedroom unit
  • 2,034 square feet of building area on 0.08 acres
  • Common laundry area serves the residential units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store HVAC Service Barber Shop

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

570
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two one-bedroom units and one two-bedroom unit share a common laundry area.
Where is this triplex located?
The property is located at 68 Virginia Street Saranac Lake, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three‑unit triplex with two one‑bedroom units and one two‑bedroom unit; 2,034 square feet of building area on 0.08 acres; Common laundry area serves the residential units
More about this property
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