This versatile triplex offers a rare opportunity for affordable home ownership or a smart investment. With a solid history of long-term rentals, this property features two one-bedroom units and one spacious two-bedroom unit, providing flexible living and income options. Just a short walk from downtown Saranac Lake and the shores of Lake Flower, tenants and owners alike will enjoy easy access to shops, restaurants, and outdoor recreation. With some updates and improvements, there's significant potential to increase value and rental income. Whether you're looking to live in one unit and rent the others, or add a dependable property to your portfolio, this is a compelling opportunity in a highly rent-able area.
For sale
Price cut: $15K (7/18)
$224,000
72 Helen St, Saranac Lake, NY 12983
--beds
0baths
2,155sqft
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Spacious two-bedroom unitTwo one-bedroom units
- 51 days
- on Zillow |
- 1,097 |
- 52 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 07:51am
Listing by:
Adirondack Realty Berkshire Hathaway HomeServices 518-576-9840,
Justin McGiver
Source: ACVMLS,MLS#: 205049

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Hot Water, Oil, Separate Meters
Appliances
- Included: Electric Oven, Refrigerator
Features
- Apartment
- Flooring: Wood
- Windows: Wood Frames
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 2,155
- Total interior livable area: 2,155 sqft
Property
Parking
- Parking features: Driveway, Off Street, On Site
- Has uncovered spaces: Yes
Features
- Levels: Tri-Level
- Patio & porch: Covered, Front Porch, Porch
- Exterior features: Lighting
- Has view: Yes
- View description: Neighborhood
Lot
- Features: Corner Lot, Level
- Topography: Level
Details
- Parcel number: 32.19814.000
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Adirondack
- Property subtype: Triplex
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1900
Utilities & green energy
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Saranac Lake
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $240,300
- Annual tax amount: $4,725
- Date on market: 6/27/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Tenant pays: Cable TV, Electricity, Trash Collection
- Electric utility on property: Yes
- Road surface type: Paved
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