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Adirondack Real Estate

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72 Helen Street, Saranac Lake, NY 12983

$157,000
Property Type: Residential Income Square Footage: 2,155 Status: Closed
Current Price: $157,000 List Date: 2/19/2026 Last Modified: 2/19/2026

Description

This versatile triplex offers a rare opportunity for affordable home ownership or a smart investment. With a solid history of long-term rentals, this property features two one-bedroom units and one spacious two-bedroom unit, providing flexible living and income options. Just a short walk from downtown Saranac Lake and the shores of Lake Flower, tenants and owners alike will enjoy easy access to shops, restaurants, and outdoor recreation. With some updates and improvements, there's significant potential to increase value and rental income. Whether you're looking to live in one unit and rent the others, or add a dependable property to your portfolio, this is a compelling opportunity in a highly rent-able area.

More Information MLS# 205049

Location, Tax, and Legal

Tax Annual Amount: 4725.09 Tax Assessed Value: 240300 Land Tax Annual Amount: 750.51 Deed Date: 2023-12-28

General Property Information

Number Of Buildings: 1 Number of Units: 3 Building Area Total: 2155 Year Built: 1900 Open Parking YN: 1 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-02-19 Concessions: No Buyer Financing: Conventional Major Change Timestamp: 2026-02-19T14:13:41Z Major Change Type: Status Change Price Change Timestamp: 2025-07-18T14:51:22Z Under Contract Date: 2026-02-18 Close Date: 2026-02-19 Close Price: 157000

Appliances

Electric Oven: 1 Refrigerator: 1

Architectural Style

Adirondack: 1

Basement

Interior Entry: 1 Unfinished: 1

Construction Materials

Aluminum Siding: 1

Deed Details

Instrument: deed Page: 174 Volume: 2149

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 1774.44 School Taxes Description: Actual Village Taxes: 2200.14 Village Taxes Description: Actual

Flooring

Wood: 1

Foundation Details

Concrete Perimeter: 1

Heating

Tank Location: Basement Hot Water: 1 Oil: 1 Separate Meters: 1

Interior Features

Apartment: 1

Levels

Tri-Level: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1 Level: 1

Parking Features

Driveway: 1 Off Street: 1 On Site: 1

Patio And Porch Features

Covered: 1 Front Porch: 1 Porch: 1

Property Condition

Fixer: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Security Features

Carbon Monoxide Detector(s): 1 Smoke Detector(s): 1

Structure Type

Multi Family: 1 Up & Down: 1

Utilities

Cable Connected: 1 Electricity Connected: 1 Internet Connected: 1 Phone Connected: 1 Sewer Connected: 1 Water Connected: 1

View

Neighborhood: 1

Water Source

Public: 1

Window Features

Wood Frames: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Trash Collection: 1

Unit One

Unit #: 1 Actual Rent: 825 Beds Total: 1 Range: 1 Refrigerator: 1

Unit Two

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

Unit Three

Unit #: 3 Actual Rent: 800 Bathrooms Full: 1 Beds Total: 1 Range: 1 Refrigerator: 1

Contract Information

Current Price: $157,000 Original List Price: 239000 Sold Price: $157,000 Status: Closed Listing Contract Date: 2025-06-27 Property Sub Type: Triplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 72 Street Name: Helen Street Suffix: Street County: Essex State: NY Postal Code: 12983 MLS Area Major: Saranac Lake, Raybrook School District: Saranac Lake Parcel Number: 32.198-1-4.000 Zoning: Residential Directions: From Pine street in Saranac Lake turn up Helen Street. House is 2 blocks up on the left. Corner of Helen and Franklin.

Meter Information

Number Of Separate Electric Meters: 3

Unit Details

Number Of Units Leased: 3

Property Features

Appliances: Electric Oven; Refrigerator Architectural Style: Adirondack Basement: Interior Entry; Unfinished Construction Materials: Aluminum Siding Documents Available: Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Exterior Features: Lighting Flooring: Wood Foundation Details: Concrete Perimeter Heating: Hot Water; Oil; Separate Meters Interior Features: Apartment Levels: Tri-Level Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Corner Lot; Level Parking Features: Driveway; Off Street; On Site Patio And Porch Features: Covered; Front Porch; Porch Property Condition: Fixer Road Frontage Type: Public Road Surface Type: Paved Roof: Metal Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Structure Type: Multi Family; Up & Down Tenant Pays: Cable TV; Electricity; Trash Collection Utilities: Cable Connected; Electricity Connected; Internet Connected; Phone Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Wood Frames Unit One: Range; Refrigerator Unit Two: Range; Refrigerator Unit Three: Range; Refrigerator
Listing Courtesy of Berkshire Hathaway HomeServices Adirondack Realty
IDX
Information deemed reliable but not guaranteed.
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