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16 Broad Lane

Au Sable Forks, NY 12912

$280,000 $1,180/Mo

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Overview

Bed

Bath

0.20

Acre(Lot)

Description

Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential. Unit 1: 2 BR / 1 BA | Leased at $1,225/mo Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity) Unit 3: Studio | Month-to-Month at $600/mo Total Gross Monthly Income: $2,325 With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor re mains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.

Property Details

Property Type : Residential Income

Price : $280,000

AD Id : 71514052

MLS Id : 206372

Lot Size : 0.20 Acre

Year Built : 1920

County : Essex

Map

What's Nearby

Nearby Areas

Features

Room Information

Has Basement: Yes Basement: Full, Unfinished
Flooring Information

Varies, Wood
Roofing Information

Asphalt, Shingle
Interior Features

Roof: Asphalt, Shingle Appliances: Electric Cooktop, Electric Oven, Refrigerator Laundry Features: Electric Dryer Hookup, Washer Hookup
Heating & Cooling

Has Heating: Yes Heating: Electric, Oil Cooling: None

Building Information

Year Built: 1920 Building Area Total: 3166 Stories: 2 Patio And Porch Features: Front Porch Private Pool: No View: Neighborhood
Exterior Features

Exterior Features: Private Yard

Lot Information

Main Square Feet: 0.2 Acres Lot Size Acres: 0.2 Lot Size Square Feet: 8712 Lot Description: Back Yard, Few Trees, Level

Listing Price Information

Listing Price: $280000 1031 Exchange, Cash, Conventional

Tax Information

Parcel Number: 7.84-2-7.000 Annual Tax: $4805.3

Parking Information

Off Street, On Site, Paved, Private

Utility Information

Electricity Connected, Sewer Connected, Water Connected
Location Information

Direction: Take Route 9N to Main Street in Ausable Forks, then over the Jersey Bridge onto Sheldrake Rd and continue straight onto Broad Lane. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
14 Golf Course Road Rd, Au Sable Forks, NY, 12912	$119,000	--	--	--

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ByOwner last updated this listing 06/09/2026 @ 17:31

MLS: 206372 LISTED BY: Jack Newberry, Coldwell Banker Whitbeck Assoc-Saranac Lake 518-418-2222 SOURCE: AdirondackChamplain Valley MLS