16 Broad Lane, Au Sable Forks, NY
Multi-family for Sale - $280,000 - 3,166 Sq. Ft.
Agent Info
| Jack Newberry Coldwell Banker Commercial Whitbeck |
Property Info
| CIMLS# | 1186337 |
| Location 16 Broad Lane Au Sable Forks NY 12912 | |
| Updated | January 13th, 2026 |
| Type | Multi-family |
| Price | $280,000 |
| Building | 3,166 Sq. Ft. |
Property Description
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.



