Residential Income

Saranac Lake, NY Residential Income Properties for Sale

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Bloomingdale, NY Rainbow Lake, NY Lake Clear, NY
12 properties
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Colonial Revival Multifamily Building
Updated: Apr 28
Colonial Revival Multifamily Building

115 Main Street, Saranac Lake, NY 12983

$730,000
3,740 sqft · 0.29 AC lot
Colonial‑style building built in 1892, currently configured as a 5‑unit residential property
Remodeled in 1907 by Scopes and Feustmann for Dr. Lawrason Brown; later converted to multi‑family in the late 1950s
Each unit includes high‑speed internet access and appliances such as washer, dryer, refrigerator, electric range, and electric oven
Hot water (heating) with oil heat; public water and public sewer available
Fireplace and spa on‑site; features include tile, vinyl, and carpet flooring plus ceiling fans
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Colonial Revival Multifamily Building
Updated: Apr 28
Colonial Revival Multifamily Building

115 Main Street, Saranac Lake, NY 12983

$730,000
3,740 sqft · 0.29 AC lot
Colonial Revival property built in 1892, remodeled and later converted to a multi‑family in the late 1950s
Currently houses 5 residential units
Heating includes hot water (heating) and oil; roof is asphalt
Private entrances and private yards; privacy fencing with exterior lighting
Interior features include built‑in features, entrance foyer, ceiling fan(s), and primary suite on the first floor
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Historic Mixed-Use Saranac Lake Property
Historic Mixed-Use Saranac Lake Property

30 Academy Street, Saranac Lake, NY 12983

$635,000
3,126 sqft · 0.21 AC lot

Landmark property with office space and apartments in prime location.

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Multifamily Investment Opportunity Near Lake
Multifamily Investment Opportunity Near Lake

9 River Street, Saranac Lake, NY 12983

$1,200,000
6,811 sqft · 0.27 AC lot

Nine-unit multifamily property with immediate cash flow and upside potential.

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

97 Main Street, Saranac Lake, NY 12983

$695,000
8,449 sqft · 0.11 AC lot

Downtown mixed-use building with two commercial spaces and a fully remodeled two-bedroom apartment above.

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Saranac Lake Mixed-Use Gem
Saranac Lake Mixed-Use Gem

36 Broadway, Saranac Lake, NY 12983

$750,000
7,192 sqft · 0.11 AC lot

Iconic mixed-use property in downtown Saranac Lake with riverfront appeal.

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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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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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Saranac Lake Mixed-Use Investment
Saranac Lake Mixed-Use Investment

27 Woodruff Street, Saranac Lake, NY 12983

$500,000
4,680 sqft · 0.05 AC lot

Downtown Saranac Lake mixed-use property with retail and apartments.

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Mixed-Use Commercial Building with Elevator
Mixed-Use Commercial Building with Elevator

86 Main Street, Saranac Lake, NY 12983

$990,000
14,652 sqft · 0.50 AC lot

Four-level mixed-use building with renovated medical offices and residential units, including an existing elevator.

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Renovated Triplex in Saranac Lake
Renovated Triplex in Saranac Lake

137 Charles Street, Saranac Lake, NY 12983

$389,000
3,060 sqft · 0.18 AC lot

Well-maintained, renovated triplex generating income, close to downtown Saranac Lake.

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Corner Mixed-Use Commercial Property
Corner Mixed-Use Commercial Property

137-141 River Street, Saranac Lake, NY 12983

$695,000
8,081 sqft · 0.57 AC lot

Five-parcel corner commercial site with substantial road frontage and lake views, suited to mixed-use retail and office concepts.

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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 12 Active listings in Saranac Lake, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic Adirondack Craftsmanship Home
Historic Adirondack Craftsmanship Home

Lake Placid, NY 12946

$899,888
7,000 sqft · 1.32 AC lot

Over 7,000 sq ft of historic Adirondack craftsmanship.

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Up/Down Duplex in Village Center
Up/Down Duplex in Village Center

26 Parkside Drive, Lake Placid, NY 12946

$799,000
2,072 sqft · 0.19 AC lot

Two fully independent units with in-unit laundry and off-street parking, zoned Village Center for unhosted short-term rentals.

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Mixed-Use Building with Retail Space
Mixed-Use Building with Retail Space

233 Park Street, Tupper Lake, NY 12986

$485,000
4,180 sqft · 0.42 AC lot

Multi-level building with first-floor retail options, an apartment, and a large basement suited for storage.

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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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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.

Residential Land in Saranac Lake
Residential Land in Saranac Lake

190 Kiwassa Rd, Saranac Lake, NY 12983

$110,000
1.61 AC lot

1.61 acre residential land parcel near Main St. and Riverside Park.

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Saranac Lake Land Opportunity
Saranac Lake Land Opportunity

48-68 Ledge Lane, Saranac Lake, NY 12983

$395,000
9.95 AC lot

9.95 acres with river access near downtown Saranac Lake.

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Residential Land in Saranac Lake
Residential Land in Saranac Lake

Saranac Lane lot: 11, Saranac Lake, NY 12983

$34,000
0.50 AC lot

Residential land available in Saranac Lake, New York.

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Residential Land in Saranac Lake
Residential Land in Saranac Lake

Glenwood Drive, Saranac Lake, NY 12983

$110,000
1.00 AC lot

One-acre residential building lot in Saranac Lake, New York.

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Off-Market Properties in Saranac Lake, NY

Consider similar Off-Market properties in Saranac Lake, 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.

2 Bonita Way
MOBILE HOME PARK, TRAILER PARK

2 Bonita Way, Saranac Lake, NY 12983-2474

Value Estimation by Request
756 sqft · 0.50 AC lot
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Adirondack Airport Community
MOBILE HOME PARK, TRAILER PARK

Adirondack Airport Community, Saranac Lake, NY 12983

$1,025,000
Estimated value
1,280 sqft · 18.21 AC lot
View details
57 County Rte 55
MOBILE HOME PARK, TRAILER PARK

57 County Rte 55, Saranac Lake, NY 12983

Value Estimation by Request
1,064 sqft · 9.60 AC lot
View details
9 River St
Multifamily properties

9 River St, Saranac Lake, NY 12983

Value Estimation by Request
6,811 sqft · 0.27 AC lot
View details
4426 State Rte 30
CAMPGROUND, RV PARK

4426 State Rte 30, Saranac Lake, NY 12983-3049

Value Estimation by Request
5,970 sqft · 700.00 AC lot
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58 Cp Colby Rd, Unit 107
CAMPGROUND, RV PARK

58 Cp Colby Rd, Saranac Lake, NY 12983-5423

Unit 107
Value Estimation by Request
360 sqft · 102.10 AC lot
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Saranac Lake, NY Residential Income Properties Market Trends and Statistics

Explore 18 residential income properties for sale in Saranac Lake, NY, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 68,576 square feet of properties for sale, with an estimated market value of $7,962,900.

Sale prices for residential income properties in Saranac Lake, NY start at $299,000, averaging $663,575, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 10
Apartment buildings 6
Triplexes 3
Duplexes 1

Demographics Overview

Population 7,410
Population Growth (5Y) +0.5%
Median Household Income $64,604
College Educated 62.9%

High-Yield Neighborhoods for Investment

Identify Saranac Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
12983 $647.9K

Taxes & Financing

Tax Rate (average for all types) 1.99%
Property Tax per SF $60.16 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

Office

Residential Income

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