16 Broad Lane Au Sable Forks, NY 12912
Listing by: ADIRONDACK CHAMPLAIN / Coldwell Banker Whitbeck / Jack Newberry

  16 Broad Lane Au Sable Forks, NY 12912

Active (5 Days)
$280,000 (USD)

Description

Maximize your portfolio with this turnkey three-unit income property located in the strategic hub of AuSable Forks. Positioned just 20 minutes from Whiteface Mountain and 30 minutes from Lake Placid, this property offers a rare combination of immediate cash flow and significant appreciation potential.

Unit 1: 2 BR / 1 BA | Leased at $1,225/mo
Unit 2: 2 BR / 1 BA | Month-to-Month at $500/mo (Value-add opportunity)
Unit 3: Studio | Month-to-Month at $600/mo
Total Gross Monthly Income: $2,325

With two units currently on month-to-month agreements, an investor has the immediate flexibility to adjust rents to market rates or pivot to a Short-Term Rental (STR) model. Given the proximity to world-class skiing and ironman events, the demand for seasonal vacation rentals in this corridor remains consistently high. Whether you are looking for a stable long-term hold or a high-cap rate Airbnb conversion, 16 Broad Lane is a versatile asset in a prime Adirondack location.

MLS #:
206372
Taxes
$5,715
Lot Size
8,712 SQFT
Type
Multifamily
Year Built
1920
Views
Neighborhood
School District
Ausable Valley
County
Essex County

Listed By

Jack Newberry, Coldwell Banker Whitbeck
Source
ADIRONDACK CHAMPLAIN
Last checked Dec 29 2025 at 3:05 PM GMT+0000
Bathroom Details
Interior Features
  • Apartment
Heating and Cooling
  • Electric
  • Oil
  • None
Exterior Features
  • Roof: Asphalt
  • Roof: Shingle
Utility Information
  • Sewer: Septic Tank
  • Fuel: Electric, Oil
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 12/29/25 07:05