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For Sale

$699,500

5829 NYS Rt 86
Wilmington, NY 12997

Sqft 4,000 sqft
In the heart of Wilmington this convenient location is an excellent investment opportunity with these multi- buildings on a residential property that includes 8 apartments combined between the main house with 2 apartments and basement studio unit and three additional buildings each with a total of 5 apartments. There is also a three-acre wooded area on these 5 acres to build another home(s). Occupy as an owner and receive income from the other 7 apartments or rent all 8 units. Only minutes to Whiteface Mountain to ski or mountain bike. Lake Placid Village 20 minutes away for skating, restaurants and shops. The Au Sable River is walking distance for excellent fishing and wading. There are numerous shops and new restaurants, small grocery market all located right in Wilmington. Currently completely rented and occupied with long term good tenants grossing $6,000 monthly with an opportunity to increase some rents. Read More

Market Status
Available
Last Updated
November 24, 2021

Property Type
Commercial Property
Year Built
1945
Heating System
Hot Water; Stove
Roof
Metal
Heating Fuel
Wood
Exterior Construction
Vinyl Siding; Wood
Taxes
5667
Property Type
Commercial; Apartment

Local Market Conditions

There are currently 18 properties for sale in the Wilmington, NY area with the average listing price of $430,356. The average listing price was unchanged over the previous week. To learn more about the Wilmington, NY area, contact a local expert!

Market Snapshot for Wilmington, NY

Avg. Listing Price

$430,356

Wk ending Nov 27

$+0

unchanged
w-o-w

18

51

33

12

Average Listing Price for Wilmington, NY
No. BedroomsNo. Beds Week Ending
(Nov 27)
w-o-w Week Ending
(Nov 20)
Week Ending
(Nov 13)
Week Ending
(Nov 6)
All PropertiesAll $430,356 +0.0% $430,356 $435,337 $435,337
1 bedroom1 BR $329,000 +0.0% $329,000 $329,000 $329,000
2 bedrooms2 BR $349,580 +0.0% $349,580 $349,580 $349,580
3 bedrooms3 BR $483,857 +0.0% $483,857 $483,857 $483,857
4 bedrooms4 BR $452,667 +0.0% $452,667 $470,750 $470,750

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Listing Provided By:

Nancy Colon

Berkshire Hathaway Adirondack Premier Properties

Phone
This $699,500 Commercial Property at 5829 NYS Rt 86 in Wilmington, NY is offered by Nancy Colon. This $699,500 Commercial Property, located in the 12997 zip code, has the following property features: Roof, Exterior Construction, Taxes, Heating Fuel. This 5829 NYS Rt 86 Commercial Property is listed under MLS listing number 174498 and has a listing price of $699,500. You can find more of Nancy Colon's listings by browsing Nancy Colon, NYS Real Estate Sales Agent homes for sale at HomesAndLand.com, or even more Wilmington homes for sale here.

Copyright © 2021 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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