223 225 Neil Street
Saranac Lake, NY 12983
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Bed
0.5
Bath
0.18Acre(Lot)
Excellent Multi-Family Investment Opportunity Well-maintained multi-family property featuring a separate one-unit home, offering an excellent opportunity for investors or owner-occupants seeking strong rental income and long-term stability. The property offers a desirable mix of 1-, 2-, and 3-bedroom units, providing flexibility for a variety of tenants. The units have been well cared for and feature beautiful hardwood floors, generous natural sunlight, and comfortable living spaces. With a history of strong rental income and stable, long-term occupancy, this property offers an attractive combination of income potential and dependable performance. The location is another standout feature. Conveniently situated close to schools and downtown, while also being centrally located ne
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Half Baths: 1Room Information
Has Basement: Yes Basement: Apartment, Finished -
Roofing Information
Metal -
Interior Features
Roof: Metal Appliances: Free-Standing Electric Oven, Free-Standing Electric Range Laundry Features: Laundry Closet, Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Hot Water, Oil
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Building Information
Year Built: 1920 Building Area Total: 3687 Construction Materials: Frame Patio And Porch Features: Deck, Rear Porch Private Pool: No -
Exterior Features
Exterior Features: Balcony, Private Entrance
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Lot Information
Main Square Feet: 0.18 Acres Lot Size Acres: 0.18 Lot Size Square Feet: 7840.8
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Listing Price Information
Listing Price: $399999 Cash, Conventional
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Tax Information
Parcel Number: 446.76-6-9 Annual Tax: $8078
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Parking Information
Parking Total: 6 Open, Off Street
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Location Information
Direction: In Saranac Lake turn up Olive hill by the post office. At the top of the hill turn right onto William St. At the first intersection turn right onto Neil St.; the driveway is immediately on your left. WaterSource: Public Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| LOT 7 Oseetah Woods Road, Saranac Lake, NY, 12983 | $389,000 | -- | -- | -- | 6.23 Acres |
| 1341 State Route 3, Saranac Lake, NY, 12983 | $595,000 | 4 | 3 | 3,134 | 9.10 Acres |
| 144/148 Breezy Acres Lane, Saranac Lake, NY, 12983 | $429,000 | 3 | 2 | 1,080 | 1.54 Acres |
| 1034 State Route 3, Saranac Lake, NY, 12983 | $675,000 | 3 | 2 | 1,700 | 30.10 Acres |
| 39 Poplar Lane, Saranac Lake, NY, 12983 | $559,000 | 3 | 2 | 1,920 | 1.20 Acres |
| 27 Winona Avenue, Saranac Lake, NY, 12983 | $299,000 | -- | -- | -- | 0.10 Acre |
| 317 Lake Flower Avenue, Saranac Lake, NY, 12983 | $649,000 | -- | -- | -- | 0.50 Acre |
| 1235 Pine Street, Saranac Lake, NY, 12983 | $199,000 | 2 | 1 | 729 | 0.36 Acre |
| 189 Oseetah Woods Road, Saranac Lake, NY, 12983 | $1,999,999 | 3 | 4 | 2,519 | 6.83 Acres |
| 517 Forest Hill Avenue, Saranac Lake, NY, 12983 | $375,000 | 5 | 2 | 2,016 | 0.20 Acre |
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Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Adirondack-Champlain Valley Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Adirondack-Champlain Valley Multiple Listing Service. All Rights Reserved.
ByOwner last updated this listing 10/01/2026 @ 08:51
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