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    Lake Placid, NY Residential Income Properties for Sale

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    6 results
    Historic Adirondack Multi-Unit Estate
    $899,888
    6,000 SF

    Historic Adirondack Multi-Unit Estate

    143 Averyville Ln, Lake Placid, NY 12946

    Spacious property with rental opportunity, equestrian facilities, and workshop.

    • Over 7,000 sq ft of living space with historic Adirondack craftsmanship, including original post‑and‑beam construction and pine floors.
    • Private 2‑floor, 1‑bedroom apartment with separate entrance, full kitchen, and fireplace, ideal for rental income or guest accommodations.
    • Heated two‑car garage equipped with a 9,000 lb vehicle lift, 2,000 lb electric hoist, and 220‑volt electrical feed.
    • Equestrian facilities including a 4‑stall horse barn, multiple corrals with electric fencing, and a horse lean‑to.
    • Enjoy unique features such as an English Pub, a professional photography darkroom, and a dedicated library.
    Updated: Apr 12
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    Historic Adirondack Craftsmanship Home
    $899,888
    1.32 Acres

    Historic Adirondack Craftsmanship Home

    Lake Placid, NY 12946

    Over 7,000 sq ft of historic Adirondack craftsmanship.

    • Over 7,000 sq ft of historic Adirondack craftsmanship with original post‑and‑beam construction, pine floors, and shiplap walls.
    • Private 2‑floor, 1‑bedroom apartment with separate entrance, driveway, full kitchen, woodstove/fireplace, and fenced backyard – ideal for rental income or guests.
    • Equestrian facilities including a 4‑stall horse barn, multiple corrals with electric fencing, and a horse lean‑to.
    • Heated two‑car garage with a 9,000 lb vehicle lift, 2,000 lb electric hoist, and 220‑volt electrical feed.
    • Two full dine‑in kitchens, two living areas with woodstoves/fireplaces, and a charming English Pub for entertaining.
    Updated: Apr 12
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    Renovated Lake Placid Vacation Rental
    $815,000
    2,454 SF

    Renovated Lake Placid Vacation Rental

    Four units near downtown Lake Placid with strong rental history.

    2807 Wilmington Road, Lake Placid, NY 12946
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    Lake Placid Two-Unit Property
    $450,000
    1,800 SF

    Lake Placid Two-Unit Property

    Two-unit property near Adirondack Rail Trail and Main Street.

    245 Station Street, Lake Placid, NY 12946
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    Lake Placid Mixed-Use Property
    $600,000
    5,100 SF

    Lake Placid Mixed-Use Property

    Mixed-use property with warehouse, retail space, and residential unit.

    6006 Sentinel Road, Lake Placid, NY 12946
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    Lake Placid Two-Family Home
    $595,000
    2,296 SF

    Lake Placid Two-Family Home

    Charming two-family home in Lake Placid, a perfect investment opportunity.

    6144 Sentinel Road, Lake Placid, NY 12946
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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Main Street Mixed-Use Investment
    $305,000
    8,304 SF

    Main Street Mixed-Use Investment

    Mixed-use property with retail and residential income potential.

    14220 NYS Route 9N, Au Sable Forks, NY 12912
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    High-Performing Multifamily Portfolio in Ausable Forks
    $630,000
    7,326 SF

    High-Performing Multifamily Portfolio in Ausable Forks

    Well-maintained 9-unit multifamily portfolio in the heart of AuSable Forks.

    Au Sable Forks, NY 12912
    View details
    Saranac Lake Mixed-Use Building
    $1,275,000
    14,652 SF

    Saranac Lake Mixed-Use Building

    Four-level commercial building with renovation potential in prime location.

    86 Main Street, Saranac Lake, NY 12983
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    Lake Flower Commercial Redevelopment Opportunity
    $695,000
    8,081 SF

    Lake Flower Commercial Redevelopment Opportunity

    Prime commercial opportunity with high-visibility and redevelopment potential.

    137-141 River Street, Saranac Lake, NY 12983
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Placid Development Opportunity
    $650,000
    4.36 Acres

    Lake Placid Development Opportunity

    4.36-acre property subdivided into five lots with mountain views.

    Stage Coach Way, Lake Placid, NY 12946
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    Lake Placid Building Lot
    $150,000
    0.40 Acres

    Lake Placid Building Lot

    0.4 acre building lot in high-demand Lake Placid location.

    154 Old Military Road, Lake Placid, NY 12946
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    Lake Placid Land with Subdivision Potential
    $749,000
    24.25 Acres

    Lake Placid Land with Subdivision Potential

    25-acre parcel with Chubb River frontage and mountain views.

    501 Old Military Road, Lake Placid, NY 12946
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    Vacant Lot in Lake Placid
    $435,000
    1.66 Acres

    Vacant Lot in Lake Placid

    Rare vacant lot near Lake Placid Club. Ideal dream home.

    Lake Placid Club Way, Lake Placid, NY 12946
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    Explore Off-Market Properties in Lake Placid, NY

    Consider similar Off-Market properties in Lake Placid, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10 Conifer Cir Way

    10 Conifer Cir Way

    CAMPGROUND, RV PARK • 1,320 SF
    Value Estimation by Request
    10 Conifer Cir Way, Lake Placid, NY 12946-1886
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    5794 Cascade Rd

    5794 Cascade Rd

    MOBILE HOME PARK, TRAILER PARK • 10,408 SF
    Value Estimation
    $635,000
    5794 Cascade Rd, Lake Placid, NY 12946-3735
    View details
    985 Adirondack Loj Rd

    985 Adirondack Loj Rd

    CAMPGROUND, RV PARK • 4,764 SF
    Value Estimation
    $905,000
    985 Adirondack Loj Rd, Lake Placid, NY 12946
    View details

    Lake Placid, NY Residential Income Properties Investment Opportunities Market Analysis

    Explore 9 residential income properties for sale in Lake Placid, NY, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 17,650 square feet of properties for sale, with an estimated market value of $3,359,888.

    Sale prices for residential income properties in Lake Placid, NY start at $450,000, averaging $671,977, and reaching up to $899,888 — 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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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $18.26 per sq ft
    Tax Rate 1.49%
    Avg Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Multifamily properties 3
    Duplexes 2
    Short term rental properties 2
    Single family properties 2
    Quadplexes 1

    Lake Placid Demographics Overview

    Population 4,805
    Population Growth (5Y) +0.3%
    Median Household Income $78,261
    College Educated 67.3%

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