16 Broad Ln Unit 1 Au Sable Forks, NY 12912
Estimated payment $1,918/month
Highlights
- Wood Flooring
- Neighborhood Views
- Level Lot
- Old Style Architecture
- Front Porch
- Heating System Uses Oil
About This Home
Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential. Unit 1: 2 BR / 1 BA | Leased at $1,225/mo
Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity)
Unit 3: Studio | Month-to-Month at $600/mo
Total Gross Monthly Income: $2,325 With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.
Listing Agent
Coldwell Banker Whitbeck Assoc-Saranac Lake License #10401378136 Listed on: 12/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,805
Year Built
- Built in 1920 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Few Trees
- Back Yard Fenced
Home Design
- Triplex
- Old Style Architecture
- Shingle Roof
Interior Spaces
- 3,166 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Kitchen
- Electric Oven
- Electric Cooktop
Flooring
- Wood
- Luxury Vinyl Tile
Parking
- Private Parking
- Paved Parking
- On-Site Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Heating System Uses Oil
Listing and Financial Details
- Assessor Parcel Number 7.84-2-7.000
Community Details
Overview
- 3 Units
Building Details
- Gross Income $29,400
- Net Operating Income $20,327
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,783 | $188,200 | $16,400 | $171,800 |
| 2024 | $5,099 | $181,000 | $15,800 | $165,200 |
| 2023 | $4,529 | $153,400 | $15,600 | $137,800 |
| 2022 | $4,457 | $153,400 | $15,600 | $137,800 |
| 2021 | $4,394 | $130,000 | $15,600 | $114,400 |
| 2020 | $7,054 | $127,100 | $15,600 | $111,500 |
| 2019 | $7,037 | $127,100 | $15,600 | $111,500 |
| 2018 | $4,452 | $127,100 | $15,600 | $111,500 |
| 2017 | $3,354 | $127,100 | $15,600 | $111,500 |
| 2016 | $3,499 | $124,400 | $15,600 | $108,800 |
| 2015 | -- | $124,400 | $15,600 | $108,800 |
| 2014 | -- | $133,800 | $15,600 | $118,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/24/2025 12/24/25 | For Sale | $280,000 | -- | $88 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $107,280 | New Conventional |
Source: Adirondack-Champlain Valley MLS
MLS Number: 206372
APN: 152800-007-084-0002-007-000-0000
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Ask me questions while you tour the home.