39 Shepard Avenue
Saranac Lake, NY 12983
Prime Income-Producing Triplex in the Heart of Saranac Lake - Live in One, Rent the Rest! Discover an outstanding investment opportunity in the desirable village of Saranac Lake, nestled in New York's stunning Adirondack Mountains. This well-maintained three-unit property features two spacious 2-bedroom apartments and one generous 3-bedroom apartment, offering excellent flexibility for owner-occupants or pure investors. Live mortgage-free (or nearly so) by occupying one unit while the other two generate strong rental income. Whether you're looking for a turnkey cash-flowing investment, a house hack, or long-term appreciation in a growing market, this triplex delivers multiple paths to success. The units have all been thoughtfully renovated since 2017, providing modern, attractive living sp
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Apartment, Walk-Out Access -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Laundry Features: Inside, Multiple Locations -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Hot Water, Oil
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Building Information
Year Built: 1920 Building Area Total: 2730 Private Pool: No
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Listing Price Information
Listing Price: $349900
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Tax Information
Parcel Number: 447.78-4-10 Annual Tax: $5439
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Utility Information
Sewer Connected, Water Connected -
Location Information
Direction: From River St. turn onto Shepard and the property is on the left. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 115 Main Street, Saranac Lake, NY, 12983 | $730,000 | -- | -- | -- | |
| 66 Bloomingdale Avenue, Saranac Lake, NY, 12983 | $299,000 | -- | -- | -- | |
| 137 Charles Street, Saranac Lake, NY, 12983 | $389,000 | -- | -- | -- |
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Nearby For Sale
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ByOwner last updated this listing 07/19/2026 @ 21:00
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