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16 Broad Lane, 
Au Sable Forks, NY 12912

$280,000


Bed


Bath


3,166

Sq Ft


Multi-Family

Active

Listed by

Jack Newberry

Peter J. Whitbeck

5184182222

Last updated:

December 30, 2025, 06:54 PM

MLS#

206372

Source:

NY ACVMLS

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About This Home

16 Broad Lane

Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential. Unit 1: 2 BR / 1 BA | Leased at $1,225/mo Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity) Unit 3: Studio | Month-to-Month at $600/mo Total Gross Monthly Income: $2,325 With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.

Home Facts

Multi-Family

Built in 1920

Price Summary

280,000

$88 per Sq. Ft.

MLS #:

206372

Last Updated:

December 30, 2025, 06:54 PM

Added:

11 day(s) ago


Structure

Structure

Building Area:

3,166 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$280,000

Price per Sq. Ft:

$88 per Sq. Ft.

Source:NY ACVMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.