$275,000
PENDING $220K PRICE DROP

6193 Sentinel Rd Lake Placid, NY 12946

Estimated payment $1,761/month

Total Views 7,355
-- Bed
-- Bath
4,061 Sq Ft
$68 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Level Lot
  • Carpet

About This Home

Investment opportunity to own an 7 unit fully rented complex in the heart of the Lake Placid village. This building has years of steady income with the same owners for over 35 years. The units are all rented on month to month leases dating back to one from 1981!
24 hour notice needed for tenants.

Unit #1 $510.00 has W&D hookups-2 BR
#2 $650 includes all utilities- Studio
#3 $600 plus elec.-one BR
#4 $600 plus elec-one BR
#5 $800 plus elec.-2 BR
#6 $675 plus elec.-one BR
#7 $585 plus elec. one BR

Listing Agent

Lisa McKenna

Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #30MC0684238 Listed on: 04/17/2025

Engel & Volkers Lake Placid Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Fixer Upper
  • Rolled or Hot Mop Roof
  • Flat Tile Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 4,061 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Baseboard Heating
  • Internet Available
  • Cable TV Available

Community Details

  • 8 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 42.223-4-9.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,548

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street, Public
  • Road Surface Type: Paved
  • Directions: From Main St, turn Right at the light onto Sentinel road. The building is on the right next to Wilsons. There is no parking but it has never been a problem. Tenants walk to work and shopping.
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1940
  • Attribution Contact: colleen.holmes@evrealestate.com
  • Financial Details School Taxes: 1398.0
  • Financial Details Village Taxes: 1164.0
  • Appliances Refrigerators: Yes
  • School Taxes Description: Actual
  • Special Features: None

Interior Features

  • Spa Features: None
  • Appliances: Electric Range, Free-Standing Refrigerator, Refrigerator
  • Other Equipment: Call Listing Agent
  • Owner Pays: Common Area Maintenance, Insurance, Roof Maintenance, Sewer, Taxes, Water
  • Flooring: Carpet, Vinyl
  • Stories: 2
  • Window Features: Aluminum Frames, Metal Frames
  • Appliances:Electric Range: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Level
  • Pool Features: None
  • Patio And Porch Features: None
  • Property Condition: Fixer
  • Roof: Flat, Rolled/Hot Mop
  • Lot Features:Level: Yes
  • Window Features:Metal Frames: Yes
  • Lot Features:City Lot: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Schools

  • Junior High Dist: Lake Placid

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 42.223-4-9.000

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Leased: 7
  • Number Of Separate Electric Meters: 8

Tax Info

  • Tax Annual Amount: 3548.0

Map

Range of Values:

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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
06/13/2025 06/13/25 Price Changed $275,000 -28.6% $68 / Sq Ft
04/25/2025 04/25/25 Price Changed $385,000 -22.2% $95 / Sq Ft
04/17/2025 04/17/25 For Sale $495,000 -- $122 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
Source: Adirondack-Champlain Valley MLS

Source: Adirondack-Champlain Valley MLS

MLS Number: 204318

New York Essex County Lake Placid 12946

6193 Sentinel Rd, Lake Placid, NY

This home is located at 6193 Sentinel Rd, Lake Placid, NY 12946 and is currently priced at $275,000, approximately $67 per square foot. This property was built in 1940. 6193 Sentinel Rd is a home located in Essex County with nearby schools including Lake Placid Elementary School, Lake Placid Junior/Senior High School, and St. Agnes School.

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Nearby Homes
Listing Agent
Lisa McKenna
Section Image
Engel & Volkers Lake Placid Real Estate
(518) 576-1955