Stunning stately 1920's home situated at the crest of a hill over looking the wooded area toward Lake Colby beach. The Main home used to be a two until but currently is used as a 5 bedroom 2.5 baths. It has a beautiful stone fireplace, with high beamed ceilings and lovely archways separating the rooms. The kitchen still remains on the second floor, so it could easily be converted back to a rental unit for a
total of 4 units. The back 2 story unit has 2/one bedroom apartments on month to month leases which rent for $450 each, with tenants paying their own elec. and propane heat. What a great opportunity to own a large family home and have income to help pay the mortgage taxes and maintenance. A short distance to the rail trail, the beach and downtown Saranac Lake. Just minutes to AMC if you want to be close to work.
total of 4 units. The back 2 story unit has 2/one bedroom apartments on month to month leases which rent for $450 each, with tenants paying their own elec. and propane heat. What a great opportunity to own a large family home and have income to help pay the mortgage taxes and maintenance. A short distance to the rail trail, the beach and downtown Saranac Lake. Just minutes to AMC if you want to be close to work.
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Listing Highlights
Subtype
TriplexYear Built
1920Architectural Style
Old StyleStories
2Tax Annual Amount
$2,900Lot Size Acres
0.78Lot Size (Sq Ft)
33,977 sq.ftHeating
Fireplace(s), Oil, Propane, Separate Meters, Wall FurnaceCooling
Ceiling Fan(s), NoneCounty
FranklinSubdivision
None
Property Details
- Interior Features
- Basement: [object Object]
- Basement Description: Concrete, Sump Pump
- Beamed Ceilings
- Ceiling Fan(s)
- Entrance Foyer
- High Ceilings
- In-Law Floorplan
- Flooring: Carpet, Combination, Hardwood, Laminate, Linoleum, Vinyl
- Window Features: Double Pane Windows
- Laundry Features: Laundry Room
- Security Features: Smoke Detector(s)
- Spa Features: None
- Dishwasher
- Free-Standing Electric Range
- Free-Standing Refrigerator
- Washer/Dryer
- Heating: Fireplace(s), Oil, Propane, Separate Meters, Wall Furnace
- Cooling: Ceiling Fan(s), None
Other Rooms
Interior Features
Appliances
Heating & Cooling
- UtilitiesUtilitiesCable Available, Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, PropaneWater SourcePublicSewerPublic Sewer
- Exterior FeaturesLot FeaturesWooded, Sloped, Many Trees, Private, Rolling Slope, Sloped Up, ViewsPatio And Porch FeaturesEnclosed, Front Porch, Rear PorchFencingChain Link, Front YardPool FeaturesNone
- ConstructionProperty TypeResidential IncomeConstruction MaterialsCement Siding, Clapboard, FrameFlooringCarpet, Combination, Hardwood, Laminate, Linoleum, VinylYear Built1920Property SubtypeTriplexArchitectural StyleOld StyleRoofShingleBuilding Area Total2300
- ParkingParking FeaturesDriveway
Location
- NY
- Saranac Lake
- 12983
- Franklin
- 48 Old Lake Colby
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Updated: April 1, 2025 3:10 PM