


5732&5734 Nys Route 86 Wilmington, NY 12997
Description
206377
$6,589
1.01 acres
Multifamily
1935
River
Lake Placid
Essex County
Listed By
ADIRONDACK CHAMPLAIN
Last checked Dec 25 2025 at 6:30 AM EST
- Apartment
- Beamed Ceilings
- Views
- Waterfront
- Electric
- Roof: Shingle
- Sewer: Septic Tank
- Fuel: Electric
Property Breakdown:
Composition: (4) 1BR/1BA apartments plus (1) 1BR/1BA detached single-family residence.
Total Gross Income: $4,525 per month.
Owner-Friendly Mechanics: All units feature separately metered utilities, keeping owner expenses predictable and low.
The 'Wilmington Edge': Demand in this area is driven by its 15-minute proximity to Lake Placid and its status as a mountain biking and skiing mecca.
Whether you are looking for a stable long-term hold or a 'house-hack' where you live in the riverfront cottage while the four units pay your mortgage, 5732-5734 NYS Rte 86 is a rare find in a supply-constrained market.