Lake Placid, NY
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    Lake Placid, NY Short Term Rental Properties for Sale

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    Saranac Lake, NY Keene, NY Wilmington, NY
    Renovated Lake Placid Vacation Rental
    $815,000
    2,454 SF
    Renovated Lake Placid Vacation Rental

    2807 Wilmington Road, Lake Placid, NY 12946

    Four units near downtown Lake Placid with strong rental history.
    • Proven Income: Generates $100,000 annually in rental revenue.
    • Prime Location: Short walk to downtown Lake Placid.
    • Four Units with Private Entrances: Includes a two‑bedroom unit and three one‑bedroom units.
    • Turn‑Key Operation: Furnishings are negotiable for immediate rental readiness.
    • Desirable Amenities: Features retractable awnings, private outdoor lounging, and an EV charge station.
    Updated: Mar 5
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Placid, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

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    20 McCarthy Road, Brushton, NY 12916

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    Renovated Duplex with Income Potential
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    Renovated Duplex with Income Potential

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    Burlington Multifamily Home with Views
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    Burlington Multifamily Home with Views

    Well-maintained multifamily home with flexible layout and income potential.

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    Turnkey Tiny Home Community
    $515,000
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    Turnkey Tiny Home Community

    Profitable tiny home community on 5.2 acres, fully furnished.

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    Lake Placid, NY Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 1 short term rental properties for sale in Lake Placid, NY on our real estate platform. These investment opportunities span a total of 2,454 square feet of properties for sale, with an estimated market value of $815,000.

    Sale prices for short term rental properties in Lake Placid, NY start at $815,000, averaging $815,000, and reaching up to $815,000 — 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

    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    12946 $815K

    Taxes & Financing

    Tax Rate (average for all types) 1.49%
    Property Tax per SF $18.26 per sq ft
    Average Loan-to-Value 65.0%

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