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223+225 Neil StreetSaranac Lake, NY 12983Price: $459,900

  • Price: $459,900
  • Est. Mortgage of $/month
  • 112 Days on Market
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$
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $459,900List Price
  • 0.18Acreage
  • 3,687Square Feet
Listed by Stephanie Mason of Mason Realty Team

Listing Tools

Rare multi-unit investment opportunity featuring two separate buildings on one property. The first building is a standalone single-family style home offering 3 bedrooms and 1.5 baths, providing flexible rental options or potential owner-occupant use.The second building consists of 3 units: 3/1, 2/1 and 1/1 (basement)The property currently generates $4,300/month in rental income, with clear upside potential as rents are below current market value.Separate layouts allow for diversified tenant mix and strong long-term cash flow potential. Ideal for investors seeking immediate income with room to increase returns over time. Fully rented with long term tenantsPerfect setup for owner occupied main building and rental building to supplement mortgage.

Property Details of 223+225 Neil Street

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 Based on information submitted to NY_ACVMLS as of June 13, 2026 10:22 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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