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    Multifamily Investment Opportunity Near Lake
    Updated: May 2
    Multifamily Investment Opportunity Near Lake

    9 River Street, Saranac Lake, NY 12983

    $1,200,000
    6,811 sqft 0.27 AC lot
    9‑unit multifamily directly across from Lake Flower and Riverside Park
    Year built 1880 with brick and vinyl siding, plus asphalt and metal roofing
    Recent renovation in Unit 1, providing a value‑add benchmark across the building
    Unit 7 owner’s suite: 3 beds, 2 baths, Jacuzzi tub, skylights, wood stove fireplace, custom kitchen, and in‑unit laundry
    Units 5 and 7 include private shared balcony access with lake and mountain views
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    Saranac Lake Mixed-Use Gem
    Updated: May 13
    Saranac Lake Mixed-Use Gem

    36 Broadway, Saranac Lake, NY 12983

    $750,000
    7,192 sqft 0.11 AC lot
    Mixed‑use building built in 1923 with riverfront features, including river access and river front frontage.
    Four commercial storefronts: Anne's Crepes (15 years) and Twin Crystal Rock Shop (12 years); two storefronts currently available.
    Three residential apartments: one 1,742 SF 4‑bedroom, 3‑bath unit plus two 650 SF apartments.
    Outdoor living space includes decks with an outdoor bar and a covered balcony with Saranac River views.
    Basement offers expansive space plus garage parking or winter storage for vehicles/boats, and includes a workshop.
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    Colonial Revival Multifamily Building
    Colonial Revival Multifamily Building

    115 Main Street, Saranac Lake, NY 12983

    $730,000
    3,740 sqft 0.29 AC lot

    Five-unit Colonial Revival building in excellent condition at a high-traffic downtown intersection.

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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    95 Park Street, Tupper Lake, NY 12986

    $485,000
    4,620 sqft

    Well-maintained building with office/retail storefronts and residential apartments plus rear parking for flexible occupancy.

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    Colonial Revival Multifamily Building
    Colonial Revival Multifamily Building

    115 Main Street, Saranac Lake, NY 12983

    $730,000
    3,740 sqft 0.29 AC lot

    Well-maintained building with five residential units at a high-traffic downtown intersection, suited for income or live/work use.

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    Chateaugay Duplex Investment Opportunity
    Chateaugay Duplex Investment Opportunity

    5 John Street, Chateaugay, NY 12920

    $130,000
    1,307 sqft 0.40 AC lot

    Well-maintained duplex near school, generating $1600 monthly rental income.

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    Waterfront Multifamily Retreat Property
    Waterfront Multifamily Retreat Property

    1616 NY-30, Tupper Lake, NY 12986

    $1,100,000
    15,000 sqft 7.22 AC lot

    Twenty units spread across 19 buildings include a main house with office space and a heated swimming pool in a central courtyard.

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    Waterfront Apartment Complex
    Waterfront Apartment Complex

    1616 NY-30, Tupper Lake, NY 12986

    $1,100,000
    15,000 sqft 7.22 AC lot

    20-unit apartment complex with beach frontage, boat launch area, and a heated swimming pool within a landscaped courtyard.

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    Two-Unit Duplex with Large Yard
    Two-Unit Duplex with Large Yard

    66 Bloomingdale Avenue, Saranac Lake, NY 12983

    $299,000
    2,315 sqft 0.37 AC lot

    Two-story duplex offers two 2-bedroom units, each with laundry, plus outbuildings and a large yard.

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    Two-Unit Duplex Investment
    Two-Unit Duplex Investment

    41 Howard Avenue, Malone, NY 12953

    $135,000
    1,610 sqft 0.19 AC lot

    Duplex offering a two-bedroom unit and a one-bedroom unit with shared cellar laundry facilities.

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    Residential Income Duplex
    Residential Income Duplex

    Saint Regis Falls, NY 12980

    $899,000
    5,048 sqft 21.33 AC lot

    Two separate residences with private ponds, full-house generators, and river access, each offering two-bedroom layouts.

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    Turnkey Duplex with Separate Meters
    Turnkey Duplex with Separate Meters

    15 Grove Street, Brushton, NY 12916

    $130,000
    2,016 sqft 0.25 AC lot

    Fully renovated duplex on a corner lot with separate entrances and electric meters, plus furnished units and outdoor living space.

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    Farmhouse with Garage Apartment
    Farmhouse with Garage Apartment

    71 Dineen Rd, Constable, NY 12926

    $350,000
    3,254 sqft

    Move-in ready 1900s farmhouse on 10 acres with a rented two-bedroom garage apartment and multiple recent updates.

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    Mixed-Use Building with Retail and Spa
    Mixed-Use Building with Retail and Spa

    233 Park Street, Tupper Lake, NY 12986

    $485,000
    4,180 sqft 0.42 AC lot

    Owner-occupied flower and gift shop with a leased spa, plus first-floor space for retail and additional living areas upstairs.

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    Saranac Lake Income-Producing Triplex
    Saranac Lake Income-Producing Triplex

    39 Shepard Avenue, Saranac Lake, NY 12983

    $349,900
    2,730 sqft

    Well-maintained triplex in Saranac Lake with strong rental income.

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    Retail Deli with Attached Apartments
    Retail Deli with Attached Apartments

    1142 New York 122, Constable, NY 12926

    $165,000
    3,500 sqft 0.75 AC lot

    Retail deli and storage space is paired with two remodeled 2-bedroom apartments, plus included convenience store equipment and systems.

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    Spacious Duplex with 3-Bay Garage
    Spacious Duplex with 3-Bay Garage

    20 Franklin Street, Malone, NY 12953

    $115,000
    2,262 sqft 0.32 AC lot

    Duplex near amenities with large backyard and 3-bay garage.

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    Multi-Family Residential Income Property
    Multi-Family Residential Income Property

    184-186 E Main Street, Chateaugay, NY 12920

    $159,900
    2,872 sqft 0.75 AC lot

    Updated tri-plex plus two trailers, with tenants paying utilities, offers multiple income streams on one parcel.

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    Profitable Tupper Lake Investment Opportunity
    Profitable Tupper Lake Investment Opportunity

    30 Chaney /81 Wawbeek, Tupper Lake, NY 12986

    $299,000
    6,489 sqft

    Two four-unit buildings in high-demand Tupper Lake rental market.

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    Two-Unit Apartment House in Malone
    Two-Unit Apartment House in Malone

    19 South Street, Malone, NY 12953

    $55,000
    1,228 sqft 0.36 AC lot

    Two-unit property with conversion potential in Malone, NY.

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    Remodeled Duplex in Chateaugay Village
    Remodeled Duplex in Chateaugay Village

    18 Depot Street, Chateaugay, NY 12920

    $152,900
    1,836 sqft 0.24 AC lot

    Completely remodeled duplex with new features and coin operated laundry.

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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    27 Woodruff Street, Saranac Lake, NY 12983

    $500,000
    4,680 sqft 0.05 AC lot

    Main level storefront is used as a hair salon with rear living space, while upstairs contains four apartments.

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    Remodeled Two-Family Rental Property
    Remodeled Two-Family Rental Property

    49 Front Street, Malone, NY 12953

    $59,500
    1,395 sqft 0.08 AC lot

    Two-unit rental property with remodeled interiors and tenant-paid utilities.

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    Turnkey Tiny Home Community
    Turnkey Tiny Home Community

    20 McCarthy Road, Brushton, NY 12916

    $515,000
    533 sqft 5.20 AC lot

    Thriving short-term rental community on 5.2 acres in Brushton, NY.

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    Franklin County, NY Multifamily Properties Market Trends and Statistics

    Explore 70 multifamily properties for sale in Franklin County, NY, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 136,567 square feet of properties for sale, with an estimated market value of $13,107,200.

    Sale prices for multifamily properties in Franklin County, NY start at $55,000, averaging $385,505, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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