Triplex

Saranac Lake, NY Triplexes for Sale

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Saranac Lake Income-Producing Triplex
Updated: May 9
Saranac Lake Income-Producing Triplex

39 Shepard Avenue, Saranac Lake, NY 12983

$349,900
2,730 sqft
Income‑producing 3‑unit triplex with two 2‑bedroom apartments and one 3‑bedroom apartment
Renovations completed since 2017 across the units
New roof installed in 2024
Exterior painted in 2025
Utilities: public water and public sewer; heating includes hot water (heating), oil, and baseboard
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Renovated Triplex in Saranac Lake
Updated: Mar 31, 2023
Renovated Triplex in Saranac Lake

137 Charles Street, Saranac Lake, NY 12983

$389,000
3,060 sqft 0.18 AC lot
Renovated 3‑unit apartment building with high‑speed internet available
Tenants pay utilities; cable is available
Built in 1910 with vinyl siding and an asphalt roof
Heating includes propane and electric baseboard systems
Apartment appliances include washer, dryer, refrigerator, electric range, electric oven, and electric water heater
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Saranac Lake, 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.

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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Rented Triplex with Parking Lot
Rented Triplex with Parking Lot

91 Catherine Street, Malone, NY 12953

$132,500
2,220 sqft

Triplex in Malone, NY with strong rental income potential.

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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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Malone Triplex with Carriage House
Malone Triplex with Carriage House

12 Raymond Street, Malone, NY 12953

$98,000
2,322 sqft 0.14 AC lot

Triplex with carriage house, ideal for business or rental.

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Saranac Lake, NY Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Saranac Lake, NY on our real estate platform. These investment opportunities span a total of 5,790 square feet of properties for sale, with an estimated market value of $738,900.

Sale prices for three-family homes in Saranac Lake, NY start at $349,900, averaging $369,450, and reaching up to $389,000 — 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

Apartment buildings 5
Triplexes 2
Duplexes 1
Quadplexes 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 $576.3K

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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