Experience the best of both worlds with this ideal location Garden Way Lake Placid Club town home, perfect for unlimited vacation rentals and generating income. Nestled in a prime location directly off Mirror Lake Drive, it features a spacious living/dining area, wood burning fireplace, sundeck, large kitchen with granite counters and 3 spacious bedrooms, all designed with comfort in mind. The property's location and amenities make it a sought-after destination for travelers, ensuring a steady stream of guests and a lucrative rental income. Beaver Lodge #4 is located opposite Mirror Lake with beautiful lake and mountain views and an easy 5 minute walk to Main Street shops and restaurants. Also a short walk to the village beach, tennis courts and the Olympic Center. Garden Way town homes include reasonable HOA fees with year round short term vacation rental potential in the range of $50K to $60K/year. Various furnishings included. Great investment opportunity!

MLS#203576
58 Garden Way , Lake Placid
$995,000
Listing courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
Mortgage Calculator
Home Value
Down Payment
Interest Rate
Term (years)
Estimated monthly payment =
Property Information
Price:
$995,000995000
MLS#:
203576
Type:
Residential
Area: Lake Placid, New York
Acres:
0.10
Zoning:
Residential
School District:
Lake Placid
Tax Map:
42.176-2-7.000
Total Taxes:
$10,133
Style:
Adirondack
Year Built:
1974
SQFT:
1,836
Seasonal:
Yes
Beds:
3
Baths:
2
Half Baths:
1
Garage / Carport:
No
Heating:
Baseboard, Electric
Cooling:
Central Air
Electrical:
200+ Amp Service