About This Home

This 13-bedroom, 8-bathroom residential multi family at 2455 State Route 8 in Lake Pleasant, NY is listed for $749,000. Built in 1960, on a 15.20 acres lot.

Key Features

  • Built in 1960
  • 15.20 acre lot
  • Waterfront

Property Details

7 full, 1 half
4-car garage
1960

Amenities

WaterfrontHardwood
Listing Description

Exceptional Multi-Family Investment Opportunity on 15 Scenic Acres. Discover a rare income-producing property nestled on approximately 15 acres with over 1,150 feet of road frontage along State Route 8. Offering multiple rental units, expansion potential, and a picturesque Adirondack setting, this unique property combines strong investment value with natural beauty.

The property features seven residential rental units across three separate buildings, including: Two standalone cabins, each offering 2 bedrooms and 1 bathroom. The main house with has two spacious apartments. One upper apartment with 2-bedrooms and the lower apartment with 3 bedrooms.

The row building has three apartments, including one 2-bedroom unit and two 1-bedroom units Additional amenities include a coin-operated laundry facility, dedicated mechanical room, and a two-story, four-car garage providing ample storage and utility space.

Recent improvements include a new septic system serving the main house and a new well pump. Utilities are separately metered, making property management efficient and appealing to tenants. Set amidst beautiful natural surroundings, the property borders a stream and includes a private pond, creating a peaceful atmosphere for residents.

Stunning northern mountain views enhance the setting, while the expansive acreage and extensive road frontage provide opportunities for future development or expansion. Whether you're looking to expand your investment portfolio, operate a rental community, or explore additional development possibilities, this one-of-a-kind property offers tremendous potential in a highly desirable Adirondack location.

Highlights: 15+/- acres - 7 rental units - Stream frontage and private pond. Over 1,150 feet of road frontage. Northern mountain views. Separately metered utilities. New septic system and well pump. Two-story 4-car garage. Coin-operated laundry. Room for expansion and future development A rare opportunity to own a versatile multi-family property with established income, natural beauty, and exceptional growth potential. Schedule your private showing today.

Monthly Cost Estimate

$4,006/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,246
Insurance$218

Estimates only. Actual payments may vary.

Location

2455 State Route 8

Lake Pleasant, NY 12108

Property Details

Flooring

HardwoodVinylTile

Construction

Wood Siding Vinyl Siding

Parking

Driveway

Heating

Propane (Heating)Electric (Heating)BaseboardForced Air

Questions & Answers

This 13-bedroom, 8-bathroom residential multi family at 2455 State Route 8 is listed at $749,000. The estimated monthly payment is $4,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 15.20 acre lot, Waterfront.

This property is listed by Christy L Wilt.

CW

Christy L Wilt

Agent at ALICIA C MILLER REAL ESTATE INC

Listed by ALICIA C MILLER REAL ESTATE INC · Broker phone: 5189244255 · View on Broker Site

MLS# 11953579· Source: My State MLS· 64 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2455 State Route 8, Lake Pleasant, NY 12108

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