Courtesy: EXP Realty
888-276-0630
Investor, Handyman, or Developer Opportunity! This former 1930s logging camp-turned-8-unit apartment property sits on a 0.45-acre lot in a desirable location. The main house features three units: a 2-bedroom/1-bath on the lower level and two 1-bedroom/1-bath units above. Five additional motel-style units have been gutted and are ready for renovation—ideal for converting into studios or 1- to 2-bedroom apartments. The main house needs repairs due to improper winterization, but the property offers great potential with public water/sewer, Tupper Lake’s private electric utility, and ample parking already in place.
Great Investment Opportunity!! This is a great location to live, play and earn income on the rental units or rent all 4 units. Property located in growing Tupper Lake. This fully renovated, L-shaped property offers endless possibilities for investors or buyers seeking to offset costs with rental income. With views of Big Tupper from every unit, this is a rare opportunity to live in one unit while earning income from three others—or rent out all four for maximum return. The main house has a brand new septic system (Oct. 25) and features three distinct units. Unit 1 offers spacious single-floor living with two en-suite bedrooms, each with full baths and walk-in closets, a large kitchen with washer/dryer hookups, a half bath, and a sunroom overlooking Big Tupper. Unit 2 is a cozy one-bedroom space with a full bath, an open floor plan, a side mudroom entry, and an enclosed back porch. Unit 3 is an efficiency unit, ideal for short or long-term renters. In addition to the main house, the property includes a separate cottage featuring a one-bedroom layout with a kitchen, living room, small deck, and panoramic mountain views. All units come equipped with a refrigerator, stove, and microwave, and each has dedicated parking. This property is ideally situated near some of the Adirondacks' most sought-after attractions, including hiking, fishing, boating, skiing, and The Wild Center. It's also a short drive to Saranac Lake and Lake Placid, making it a prime location for both visitors and long-term tenants. With all units currently rented on monthly leases, this property provides immediate cash flow and strong investment potential. Whether you're looking to live in one unit and use the rental income to cover costs or rent out all four for maximum return, this property is a turnkey opportunity. Schedule your tour today and discover the potential of this unique Adirondack investment!
Tupper Lake is located in New York. Tupper Lake, New York has a population of 5,154. Tupper Lake is more family-centric than the surrounding county with 26.77% of the households containing married families with children. The county average for households married with children is 25.55%.
The median household income in Tupper Lake, New York is $57,176. The median household income for the surrounding county is $55,279 compared to the national median of $69,021. The median age of people living in Tupper Lake is 45 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 2.8 degrees. The average rainfall is approximately 42.4 inches per year, with 108 inches of snow per year.
