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
UpdatedJanuary 13th, 2026
TypeMulti-family
Price$280,000
Building3,166 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.


Financials



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