48 Old Lake Colby Rd

Saranac Lake, NY 12983

  • 5 Bed(s)
  • 3 Bath(s)
  • 2,300 Sqft
$495,000

Description

Stunning stately 1920's home situated at the crest of a hill over looking the wooded area toward lake colby beach. the main home used to be a two until but currently is used as a 5 bedroom 2.5 baths. it has a beautiful stone fireplace, with high beamed ceilings and lovely archways separating the rooms. the kitchen still remains on the second floor, so it could easily be converted back to a rental unit for a total of 4 units. the back 2 story unit has 2/one bedroom apartments on month to month leases which rent for $450 each, with tenants paying their own elec. and propane heat. what a great opportunity to own a large family home and have income to help pay the mortgage taxes and maintenance. a short distance to the rail trail, the beach and downtown saranac lake. just minutes to amc if you want to be close to work.

  • Property Type

    Residential
  • County

    Franklin
  • Style

    Old Style
  • AD ID

    48358185

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BuyOwner last updated this listing 01/22/2025 @ 00:11

  • MLS: 203773
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Adirondack

is a Home, with 5 bedrooms which is for sale, it has 2,300 sqft, 2,300 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Saranac Lake , in zip code 12983, this Franklin County Home are nearby neighborhoods.