5732&5734 NYS Route 86, Wilmington, NY 12997
$380,000 — 5732&5734 NYS Route 86, Wilmington, NY 12997, Wilmington, NY. View with Let's Move Realty NY — call (518) 637-3492.
Unlock the ultimate Adirondack investment at 5732-5734 NYS Rte 86. Boasting approximately 150 feet of pristine Ausable River frontage, this 5-unit complex is a powerhouse for recreation-based income. Located just 5 minutes from Whiteface Mountain Ski Resort and 15 minutes from Lake Placid, this is a premier location for a boutique lodge or a high-performing Short-Term Rental (STR) conversion.
Investment Highlights:
Unrivaled Location: World-class fly fishing in the backyard and Olympic-grade skiing down the road.
Diverse Asset Mix: Includes four efficient units plus a detached single-family home, perfect for an on-site manager or premium vacation rental.
Separately Metered: Utilities are independent per unit, optimizing operational overhead.
Income: Currently generating $4,525/month with significant upside potential in the seasonal hospitality market.
For the investor looking to capitalize on the Adirondack tourism boom, this riverfront property offers the rare combination of high-demand location and versatile development potential.