5701 NYS Route 86
Property Description
A rare Adirondack investment opportunity -- two fully independent, income-producing homes, with a third high-potential revenue stream. Each of the two residences features two bedrooms, one bathroom, a private hot tub, a lean-to, and a dedicated patio, with completely separate electric and septic systems. Both homes are being sold fully furnished. Wood-carved decor and artisan furnishings give each home an unmistakable character that sets them apart from cookie-cutter vacation rentals and commands the guest loyalty that drives repeat bookings. The numbers speak clearly: combined Airbnb income has averaged over $90,000 per year across the last five years. That performance reflects a seasoned short-term rental operation with a proven track record. A historic fire tower on the property is being sold as-is and is structurally complete -- the framework for something truly extraordinary is already in place. The next owner will have the opportunity to finish it to their own standard and launch it as a third short-term rental, one that is without comparison in the Adirondacks. There is nothing else like it on the market. A stay in a working fire tower above the tree line is the kind of experience guests will book months in advance, share widely, and return for. Virtual renderings of the completed fire tower and a pro forma projecting its income potential are included in the listing documents. For an investor seeking a cash-flowing asset with documented income history, operational independence across units, and a genuine competitive moat, this property delivers on every front. The existing revenue provides a stable foundation; the fire tower introduces meaningful upside that is not yet reflected in the five-year average. This parcel offers subdivision potential, subject to approval.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $849,000 |
| Year Built: | 2017 |
| Lot Size: | 1,582.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-ACVMLSNY-207461
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