5732&5734 NYS Route 86 Wilmington, NY 12997
3,569 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,569 sqft
Price per Sqft $106
MLS Listing ID 206377
Year Built 1935
Annual Tax Amount $6,612
Lot Size 1.010 Acres
Acres 1.01
Property Sub-Type Quadruplex
Source Adirondack-Champlain Valley MLS
Property Description
Property Breakdown:
Composition: (4) 1BR/1BA apartments plus (1) 1BR/1BA detached single-family residence.
Total Gross Income: $4,525 per month.
Owner-Friendly Mechanics: All units feature separately metered utilities, keeping owner expenses predictable and low.
The 'Wilmington Edge': Demand in this area is driven by its 15-minute proximity to Lake Placid and its status as a mountain biking and skiing mecca.
Whether you are looking for a stable long-term hold or a 'house-hack' where you live in the riverfront cottage while the four units pay your mortgage, 5732-5734 NYS Rte 86 is a rare find in a supply-constrained market.
Location
State NY
County Essex
Zoning Mixed
Body of Water Ausable River
Rooms
Basement Full, Partially Finished, Storage Space, Unfinished, Walk-Out Access
Interior
Interior Features Apartment
Heating Electric, Propane
Flooring Carpet, Laminate, Luxury Vinyl, Varies, Wood
Fireplace No
Appliance Electric Cooktop, Electric Oven, Refrigerator
Exterior
Exterior Feature Balcony, Dock, Garden, Private Yard
Parking Features Off Street, On Site, Private
Utilities Available Electricity Connected, Water Connected, Propane
Waterfront Description River Access
View River
Roof Type Asphalt,Shingle
Street Surface Paved
Porch Patio, Porch
Road Frontage State Road
Garage No
Building
Lot Description Back Yard, City Lot, Few Trees, Garden, Views, Waterfront
Sewer Septic Tank
Water Public
Structure Type Wood Siding
Schools
School District Lake Placid
Others
Senior Community No
Tax ID 26.6-5-12.000
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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