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$849,000

000

MLS® 207461

  • Key Facts
  • Description
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Key Facts

Type Triplex
Levels Residential Income
Size -
Garage 
Taxes $5,086
Days Active 0
Lot Size 
Approx. Age 2017
MLS® Number 207461

Property Address: 5701 Nys Route 86, Wilmington, NY, 12997

Average square foot calculated using Size range provided by listing agent.

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 décor 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.
MLS® Number207461
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2017
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$849,000List Price
  • Commute

Commute

Starting Address
Destination Address
5701 Nys Route 86, Wilmington, NY

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