5732&5734 Nys Route 86 Wilmington, NY 12997
Listing by: ADIRONDACK CHAMPLAIN / Coldwell Banker Whitbeck / Jack Newberry

  5732&5734 Nys Route 86 Wilmington, NY 12997

Active (1 Days)
$380,000 (USD)

Description

Secure a high-occupancy residential asset in the Adirondacks' most sought-after recreation corridor. This 5-unit multi-family property in Wilmington offers a unique lifestyle draw for tenants: private river access paired with a location only 5 minutes from the base of Whiteface Mountain.

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.

MLS #:
206377
Taxes
$6,589
Lot Size
1.01 acres
Type
Multifamily
Year Built
1935
Views
River
School District
Lake Placid
County
Essex County

Listed By

Jack Newberry, Coldwell Banker Whitbeck
Source
ADIRONDACK CHAMPLAIN
Last checked Dec 25 2025 at 6:30 AM EST
Bathroom Details
Interior Features
  • Apartment
  • Beamed Ceilings
Lot Information
  • Views
  • Waterfront
Heating and Cooling
  • Electric
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Septic Tank
  • Fuel: Electric
Location
   
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Disclaimer: Copyright 2025 Adirondack Champlain Valley MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/24/25 22:30