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5970-76 Sentinel Road
Lake Placid, NY 12946
MLS# 156345 ID: 42011053
39099 sq.ft.
$1,175,000
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Property Description
Calling all smart investors with vision for fut... Calling all smart investors with vision for future development - this rare offering consists of 3 store fronts, 23 one/two bedroom and studio apartments, the cottage + additional building parcel approved for 18 more apartments in 3 buildings-see Conceptual Site Plan in Documents! Add to this high traffic location with excellent exposure on one of the main entrances to Lake Placid on Rte. 73, and you will agree - the possibilities for commercial/retail/ multifamily/residential expansion/growth are many! Current monthly income is approximately $16,000 (per seller). Use as is or remodel, expand, build new! On Lake Placid free shuttle route, in walking distance to all the main attractions
Property Features
Status
Last Updated April 22, 2018
Market Status Available
Description
Property Type Multi Family
Year Built 1940
Approx. Lot Size 1.49 Acres
Sq. Feet 39099
Building Features
Cable/Satellite TV Cable Ready
Heating System Baseboard
Roof Composition Shingle
Heating Fuel Electric
Exterior Features
Exterior Construction Wood
Pool
Listing Features
Property Type MultiFamily; Multi-Family
Room Details
Living Room
Dining Room
Great Room
Media Room / Home Theater
Additional Areas Study
Type of View
Mountain View
Offered By:
Sue Babcock
Engel & Volkers Lake Placid
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Crown Point Central School District Preschool-12 Public
Keene Central School District Preschool-12 Public
Minerva Central School District Preschool-12 Public
Moriah Central School District Preschool-6 Public
Preschool-12 Private
Newcomb Central School District Preschool-12 Public
Schroon Lake Central School District Preschool-12 Public
Diocese Of Ogdensburg Preschool-3 Catholic
Ticonderoga Central School District Preschool-8 Public
Willsboro Central School District Preschool-12 Public
School District Grades Type
Crown Point Central School District Preschool-12 Public
Keene Central School District Preschool-12 Public
Minerva Central School District Preschool-12 Public
Moriah Central School District Preschool-6 Public
Preschool-12 Private
Newcomb Central School District Preschool-12 Public
Schroon Lake Central School District Preschool-12 Public
Diocese Of Ogdensburg Preschool-3 Catholic
Ticonderoga Central School District Preschool-8 Public
Willsboro Central School District Preschool-12 Public
School District Grades Type
K-10 Private
Ausable Valley Central School District K-6 Public
Crown Point Central School District Preschool-12 Public
Elizabethtown-lewis Central School District K-12 Public
Keene Central School District Preschool-12 Public
Lake Placid Central School District K-5 Public
Minerva Central School District Preschool-12 Public
Moriah Central School District Preschool-6 Public
Preschool-12 Private
Newcomb Central School District Preschool-12 Public
4-9 Private
Schroon Lake Central School District Preschool-12 Public
Diocese Of Ogdensburg Preschool-3 Catholic
Diocese Of Ogdensburg K-8 Catholic
Ticonderoga Central School District Preschool-8 Public
Westport Central School District K-12 Public
Willsboro Central School District Preschool-12 Public
School District Grades Type
K-10 Private
Crown Point Central School District Preschool-12 Public
Elizabethtown-lewis Central School District K-12 Public
Keene Central School District Preschool-12 Public
Lake Placid Central School District 6-12 Public
Minerva Central School District Preschool-12 Public
Moriah Central School District 7-12 Public
6-10 Private
Preschool-12 Private
Newcomb Central School District Preschool-12 Public
4-9 Private
Schroon Lake Central School District Preschool-12 Public
Diocese Of Ogdensburg K-8 Catholic
Ticonderoga Central School District Preschool-8 Public
Ticonderoga Central School District 6-8 Public
Westport Central School District K-12 Public
Willsboro Central School District Preschool-12 Public
School District Grades Type
Crown Point Central School District Preschool-12 Public
Elizabethtown-lewis Central School District K-12 Public
Keene Central School District Preschool-12 Public
Lake Placid Central School District 6-12 Public
Minerva Central School District Preschool-12 Public
Moriah Central School District 7-12 Public
Preschool-12 Private
Newcomb Central School District Preschool-12 Public
9-12 Private
Schroon Lake Central School District Preschool-12 Public
Ticonderoga Central School District 9-12 Public
Westport Central School District K-12 Public
Willsboro Central School District Preschool-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 12 Cherry, Lake Placid, Ny 12946 3 2 $285,000
2 13 Cherry, Lake Placid, Ny 12946 3 2 $249,000
3 8 Spruce, Lake Placid, Ny 12946 4 2 $247,500
4 28 Cherry, Lake Placid, Ny 12946 3 2 $240,000
5 104 Balsam, Lake Placid, Ny 12946 2 1 $162,500
6 107 Fir, Lake Placid, Ny 12946 3 2 $320,000
7 46 Oak, Lake Placid, Ny 12946 4 2 $285,000
8 176 Fir, Lake Placid, Ny 12946 4 3 $348,500
9 176 Fir, Lake Placid, Ny 12946 3 2 $312,179
10 176 Fir, Lake Placid, Ny 12946 4 3 $345,000
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 6,828
Population Growth 7%
Population Density 53
Median Age 38.6
Median Income $47,029
Households 2,514
Weather
Jan Low 6.52
Jan High 25.71
July Low 58.38
July High 80.15
Annual Precipitation (in.) 115.46
Weather Risk Index* 11
*Index score (100 = National Average) that represents the total risk
Lake Placid Demographics
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Lake Placid Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.

Data Provided by Engel & Volkers

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