$129,000
$20K PRICE DROP

37 Water St Tupper Lake, NY 12986

Estimated payment $1,194/month

Total Views 12,585
-- Bed
-- Bath
2,200 Sq Ft
$59 Price per Sq Ft

About This Home

Investor, handyman, or developer special! This historic 1930s logging camp turned 8-unit apartment property sits on a .45-acre lot in a prime location. The main house includes 3 units: a 2BR/1BA downstairs and two 1BR/1BA units. Five additional motel-style units have been gutted—ready for your vision to transform into studios, 1BR, or 2BR apartments. Main house requires renovation due to improper winterization. Ample parking, public water/sewer, and Tupper Lake's private electric utility offer strong potential and solid infrastructure.

Listing Agent

Wayne Hartard

eXp Realty-Schenectady License #10301215860 Listed on: 03/15/2025

eXp Realty-Schenectady

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,781

Year Built

  • Built in 1930

Parking

  • 1 Car Garage
  • Open Parking

Home Design

  • Traditional Architecture
  • Old Style Architecture
  • Fixer Upper

Interior Spaces

  • 2,200 Sq Ft Home
  • Crawl Space

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 162001 490.24-1-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,781

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Directions: Route 3 to Water Street
  • Architectural Style: Old Style, Traditional
  • New Construction: No
  • Structure Type: Hotel/Motel, Multiple Buildings
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Fixer

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Tupper Lake

Lot Info

  • Parcel #: 162001 490.24-1-1

Rental Info

  • Lease Term: ["Short Term Lease"]

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 5781.28

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $129,000 -7.2% $59 / Sq Ft
05/16/2025 05/16/25 Price Changed $139,000 -6.7% $63 / Sq Ft
03/31/2025 03/31/25 For Sale $149,000 +2383.3% $68 / Sq Ft
03/26/2020 03/26/20 Sold $6,000 0.0% $6 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
09/22/2019 09/22/19 Off Market $6,000 -- --
06/21/2019 06/21/19 For Sale $17,900 -- $18 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Similar Home in Tupper Lake, NY

  • 37 Water St, Tupper Lake, NY 12986

    $129,000

    • 10 Beds
    • 10 Baths
    • 1,000 Sq Ft
    • 37 Water St
    • Tupper Lake, NY

    Investor, Handyman, or Developer Opportunity! This former 1930s logging camp-turned-8-unit apartment property sits on a 0.45-acre lot in a desirable location. The main house features three units: a 2-bedroom/1-bath on the lower level and two 1-bedroom/1-bath units above. Five additional motel-style units have been gutted and are ready for renovation-ideal for converting into studios or 1- to

    Wayne Hartard EXP REALTY

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Source: Adirondack-Champlain Valley MLS

MLS Number: 204062

APN: 162001 490.24-1-1

New York Franklin County Tupper Lake 12986

37 Water St, Tupper Lake, NY

This home is located at 37 Water St, Tupper Lake, NY 12986 and is currently priced at $129,000, approximately $58 per square foot. This property was built in 1930. 37 Water St is a home located in Franklin County with nearby schools including L.P. Quinn Elementary School and Tupper Lake Middle/High School.

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Nearby Homes
Wayne Hartard
Listing Agent
Wayne Hartard
Section Image
eXp Realty-Schenectady
(518) 600-3189