Au Sable Forks, NY 12912,16 Broad LN
See all 29 photos
Au Sable Forks, NY 12912,16 Broad LN
Au Sable Forks, NY 12912,16 Broad LN
Au Sable Forks, NY 12912,16 Broad LN
Au Sable Forks, NY 12912,16 Broad LN
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
19
Jan
Tue
20
Jan
Wed
21
Jan
Deb Lennon

Deb Lennon

+1(518) 524-4388
$ 280,000
Est. payment /mo
Save
Active

16 Broad LN Au Sable Forks, NY 12912

3,166 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,166 sqft

Price per Sqft $88

MLS Listing ID 206372

Style Old Style

Construction Status Updated/Remodeled

Year Built 1920

Annual Tax Amount $4,805

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Triplex

Source Adirondack-Champlain Valley MLS

Property Description

Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential.

Unit 1: 2 BR / 1 BA | Leased at $1,225/mo
Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity)
Unit 3: Studio | Month-to-Month at $600/mo
Total Gross Monthly Income: $2,325

With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.

Location

State NY

County Essex

Direction Take Route 9N to Main Street in Ausable Forks, then over the Jersey Bridge onto Sheldrake Rd and continue straight onto Broad Lane.

Rooms

Basement Full, Unfinished

Interior

Interior Features Apartment

Heating Electric, Oil

Cooling None

Flooring Luxury Vinyl, Varies, Wood

Appliance Electric Cooktop, Electric Oven, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Private Yard

Parking Features Off Street, On Site, Paved, Private

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Neighborhood

Roof Type Asphalt,Shingle

Street Surface Paved

Porch Front Porch

Road Frontage City Street

Garage No

Building

Lot Description Back Yard, Few Trees, Level

Story Two

Sewer Public Sewer

Water Public

Architectural Style Old Style

New Construction No

Construction Status Updated/Remodeled

Schools

School District Ausable Valley

Others

Senior Community No

Tax ID 7.84-2-7.000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Jack Newberry • Coldwell Banker Whitbeck Assoc-Saranac Lake
Deb Lennon

Deb Lennon

Advisor | License ID: 10401341818

+1(518) 524-4388

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Deb Lennon, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

16 Broad LN