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5983 Sentinel Road, Lake Placid, NY 12946

$1,165,000
Property Type: Residential Income Square Footage: 6,336 Status: Active
Current Price: $1,165,000 List Date: 8/16/2026 Last Modified: 8/18/2026

Description

9 unit apartment property conveniently located less than 1 mile from Main Street shops and restaurants. All units are in excellent condition with a full kitchen, bath and 2 bedrooms. Ample onsite parking and across the street from the local ''trolly'' stop. A rare opportunity to be able to invest in the Lake Placid housing market.

More Information MLS# 208149

Contract Information

Short Term Rental Options: Property is available to rent STR with local restrictions and permitting Current Price: $1,165,000 Original List Price: 1165000 List Price: $1,165,000 Status: Active Listing Contract Date: 2026-08-17 Property Sub Type: Apartment Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 8787 Tax Assessed Value: 682700 Land Tax Annual Amount: 2423 Deed Date: 2017-11-01

General Property Information

Number Of Buildings: 2 Number of Units: 9 Building Area Total: 6336 Year Built: 1982 Open Parking YN: 1 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-08-16 Major Change Timestamp: 2026-08-16T15:19:25Z Major Change Type: New Listing

Appliances

Oven: 1 Range Hood: 1 Refrigerator: 1

Architectural Style

Old Style: 1

Basement

Unfinished: 1

Construction Materials

Wood Siding: 1

Deed Details

Instrument: Deed Page: 305 Volume: 1892

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Fencing

None: 1

Financial Details

School Taxes: 3432 School Taxes Description: Actual

Flooring

Ceramic Tile: 1 Hardwood: 1

Foundation Details

Poured: 1 Stone: 1

Heating

Tank Location: None

Laundry Features

In Basement: 1

Levels

Bi-Level: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Level: 1

Other Structures

None: 1

Parking Features

Gravel: 1

Pool Features

None: 1

Road Frontage Type

Public: 1 State Road: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Sewer

Public Sewer: 1

Spa Features

None: 1

Structure Type

Multi Family: 1 Multiple Buildings: 1

Utilities

Internet Connected: 1 Sewer Connected: 1 Water Connected: 1

View

Neighborhood: 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1

Income and Expenses

Gross Income: 113065 Lawn Care/Snow Removal Expense: 493 Electric Expense: 293 Insurance Expense: 4940 Maintenance Expense: 5247 Operating Expense: 1 Supplies Expense: 1830 Trash Expense: 3085 Water Sewer Expense: 1880

Owner Pays

Sewer: 1 Water: 1

Tenant Pays

Cable TV: 1 Electricity: 1

Unit One

Unit #: 1 Actual Rent: 1040 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Two

Unit #: 2 Actual Rent: 1100 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Three

Unit #: 3 Actual Rent: 998 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Four

Unit #: 4 Actual Rent: 975 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Five

Unit #: 5 Actual Rent: 925 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Six

Unit #: 1 Actual Rent: 1200 Bathrooms Full: 1 Beds Total: 2 Leased: No Range: 1 Refrigerator: 1

Unit Seven

Unit #: 2 Actual Rent: 1155 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Eight

Unit #: 3 Actual Rent: 950 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Nine

Unit #: 4 Actual Rent: 1000 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Location Tax and Legal

Street Number: 5983 Street Name: Sentinel Street Suffix: Road County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.255-3-15.000 Directions: .3 miles from Lisa G's. On the same side.

Meter Information

Number Of Separate Electric Meters: 9

Unit Details

Number Of Units Leased: 8

Property Features

Appliances: Oven; Range Hood; Refrigerator Architectural Style: Old Style Basement: Unfinished Construction Materials: Wood Siding Documents Available: Deed Electric: 200+ Amp Service Fencing: None Flooring: Ceramic Tile; Hardwood Foundation Details: Poured; Stone Laundry Features: In Basement Levels: Bi-Level Listing Terms: Cash; Conventional Lot Features: Level Other Structures: None Owner Pays: Sewer; Water Parking Features: Gravel Pool Features: None Road Frontage Type: Public; State Road Road Surface Type: Paved Roof: Asphalt Sewer: Public Sewer Spa Features: None Structure Type: Multi Family; Multiple Buildings Tenant Pays: Cable TV; Electricity Utilities: Internet Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Double Pane Windows Unit One: Range; Refrigerator Unit Two: Range; Refrigerator Unit Three: Range; Refrigerator Unit Four: Range; Refrigerator Unit Five: Range; Refrigerator Unit Six: Range; Refrigerator Unit Seven: Range; Refrigerator Unit Eight: Range; Refrigerator Unit Nine: Range; Refrigerator
Listing Courtesy of Bob Miller Real Estate
IDX
Information deemed reliable but not guaranteed.
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