Log In/Sign Up
Your email has been sent.
Tirol Apartments 2755 Main St 11 Unit Apartment Building $2,100,000 ($190,909/Unit) 6.74% Cap Rate Lake Placid, NY 12946
Investment Highlights
- Located directly on Main Street with walkable access to downtown amenities.
- Existing short-term rental component provides operational flexibility.
- Includes off-street parking for residents and guests.
Executive Summary
Just reduced by $250,000 to $2,100,000. Fantastic multifamily bldg right on Main St. walkable to anything. 11 units total, 7 of which have been totally renovated. 3 are short term rentals. Convert additional units and double or triple your money! Off street parking. Laundry rm in bldg. Financial sheet upon request. 2 car garage plus full shop included. Always full. Well maintained. Owner retiring. Great property!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,100,000 | Building Class | B |
| Price Per Unit | $190,909 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 6,500 SF |
| Cap Rate | 6.74% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | ||
| Zoning | 07 | ||
| Price | $2,100,000 |
| Price Per Unit | $190,909 |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 6,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | 07 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 2 | - | - |
| Studios | 3 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 154001-042-207-0006-016-000-0000 | Total Assessment | $535,100 |
| Land Assessment | $98,100 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $437,000 | Tax Year | 2025 |
Property Taxes
Parcel Number
154001-042-207-0006-016-000-0000
Land Assessment
$98,100
Improvements Assessment
$437,000
Total Assessment
$535,100
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Tirol Apartments | 2755 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.