Renovated duplex in the heart of Lake Placid!, 2 min down to road from Mirror Lake Public beach. Left side unit is upstairs and features 2 bedrooms, living room with dining area and nice custom kitchen along with 1 full bathroom. Unit on the right is on the 1st floor and features a living room with wood fireplace, dining area kitchen, half bath, master suite and private deck. Outside there is ample parking, a Tesla charging station and nice yard. Currently being used as a short term rental with a gross revenue of $111k+ in 2024. Proper permits in place for short term rental use. Can continued to be managed subsequent of the sale, for a fee if wanted. Can come fully furnished for the right price. Part of a large portfolio from Lake Placid to the Catskills. Reach out for more details
Charming Two-Family Home in Lake Placid - A Perfect Investment Opportunity. Nestled in the heart of the picturesque Lake Placid, this versatile two-family home offers a prime opportunity for investors or those seeking additional income potential. With its convenient location near downtown shops, restaurants, and outdoor attractions, this property is ideal for vacationers and year-round residents alike. The home features two distinct units, each thoughtfully designed to provide comfort and privacy. Both units boast spacious layouts with modern amenities while retaining the cozy charm Lake Placid is known for. The interiors include updated kitchens, bright living spaces, and ample bedrooms. Large windows throughout the property offer plenty of natural light and stunning views of the surrounding Adirondack scenery. The property includes: • Unit 1: Perfect for larger groups, featuring 3 bedrooms, 2 bathrooms, a modern kitchen, and a welcoming living room. • Unit 2: A comfortable 2-bedroom, 1-bath unit with its own private entrance, perfect for short-term rentals or long-term tenants. Additional highlights: All new electric heating throughout. • Ample off-street parking and a spacious backyard with room to build a garage.. • Proximity to Mirror Lake, Whiteface Mountain, and the Olympic Village. Whether you're looking to generate rental income, enjoy a seasonal retreat, or accommodate a multi-generational family, this property combines charm, functionality, and prime location. Don't miss out on this exceptional Lake Placid investment opportunity!
 |
| © 2026 Greater Capital Association of REALTORS (CRMLSNY). All rights reserved. The data relating to real estate for sale on this website have been downloaded from CRMLS. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verification's recommended. Per New York legal requirement, click here for the Standard Operating Procedures. |
Lake Placid is located in New York. Lake Placid, New York has a population of 2,221. Lake Placid is more family-centric than the surrounding county with 29.01% of the households containing married families with children. The county average for households married with children is 22.25%.
The median household income in Lake Placid, New York is $47,050. The median household income for the surrounding county is $61,563 compared to the national median of $69,021. The median age of people living in Lake Placid is 44.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 40.9 inches per year, with 102.4 inches of snow per year.
