Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Whitbeck
Property view
Listing view 2
Listing view 3

101 Margaret Street, 
Saranac Lake, NY 12983

$499,950


Bed


Bath


2,673

Sq Ft


Multi-Family

Pending

Listed by

Francis (Bob) Miller

Bob Miller Real Estate

518-524-0383

Last updated:

March 1, 2026, 05:00 PM

MLS#

206594

Source:

NY ACVMLS

About This Home

101 Margaret Street

Proud to present this beautifully updated 3-unit rental property in immaculate, truly turnkey condition. Every unit has been thoughtfully renovated with modern finishes, stylish kitchens and baths, updated flooring, fresh paint, and quality fixtures throughout. The result is a clean, bright, and welcoming space tenants love -- and an investment you can feel confident about. This property offers: 1. Three well-maintained, income-producing units 2. Strong rental income of 72k+ per year gross in a high-demand area 3. Low-maintenance updates already completed 4. Excellent opportunity for income or affordable owner-occupants Located in the heart of Saranac Lake, you're just minutes from local shops, restaurants, outdoor recreation, and all the charm this Adirondack community is known for. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property checks all the boxes.

Home Facts

Multi-Family

Built in 1907

Price Summary

499,950

$187 per Sq. Ft.

MLS #:

206594

Last Updated:

March 1, 2026, 05:00 PM

Added:

20 day(s) ago


Structure

Structure

Building Area:

2,673 Sq. Ft.

Year Built:

1907


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$499,950

Price per Sq. Ft:

$187 per Sq. Ft.

Source:NY ACVMLS
The information being provided by Adirondack Champlain Valley Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Adirondack Champlain Valley Mls All rights reserved.

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.

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.