For sale

$375,000

41 School St, Lake Placid, NY 12946

--beds

0baths

1,518sqft

Duplex

Built in 1930

-- sqft lot

$356,800 Zestimate^®

$247/sqft

$-- HOA

What's special

Abundant sunlightOpen floor plansBasement storage areaUpdated bathrooms

Conveniently located two family home in the heart of the Lake Placid village. Both upper and lower units feature open floor plans with abundant sunlight and updated bathrooms. Currently rented to wonderful tenants on 12-month leases. Basement storage area with tenant owned washer/dryer. Some floors are original refinished Douglas Fir. Quiet neighborhood within walking distance to all that Lake Placid has to offer. A wonderful opportunity for rental income as well as a small family to live in one unit and rent out the other to offset carry costs.

30 days

2,079

78

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Electric

Cooling

None

Appliances

Laundry: See Remarks

Features

Apartment
Flooring: Hardwood
Basement: Full,No Inside Entry
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,518
Total interior livable area: 1,518 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway, Off Street, On Street
Uncovered spaces: 4

Features

Levels: Bi-Level
Exterior features: Balcony
Pool features: None
Fencing: None
Has view: Yes
View description: Neighborhood

Details

Additional structures: None
Parcel number: 42.20734.000

Construction

Type & style

Home type: MultiFamily
Architectural style: Old Style
Property subtype: Duplex

Materials

Wood Siding
Foundation: Block
Roof: Asphalt

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Internet Connected, Sewer Connected, Water Connected

Community & HOA

Location

Region: Lake Placid

Financial & listing details

Price per square foot: $247/sqft
Tax assessed value: $292,400
Annual tax amount: $3,772
Date on market: 7/18/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Lease term: Short Term Lease
Tenant pays: Electricity
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$356,800

$339,000 - $375,000

$1,792/mo

Price history

Date	Event	Price
7/18/2026	Listed for sale	$375,000+108.3%$247/sqft
Source: ACVMLS #207902 Report a problem
4/23/2016	Listing removed	$180,000$119/sqft
Source: Engel & Volkers Lake Placid #151579 Report a problem
4/22/2016	Listed for sale	$180,000+2.9%$119/sqft
Source: Engel & Volkers Lake Placid #151579 Report a problem
4/14/2016	Sold	$175,000-2.8%$115/sqft
Source: ACVMLS #151652 Report a problem
2/12/2016	Pending sale	$180,000$119/sqft
Source: Engel Voelkers #151652 Report a problem
1/29/2016	Price change	$180,000-10%$119/sqft
Source: Engel Voelkers #151652 Report a problem
12/14/2015	Price change	$200,000-11.1%$132/sqft
Source: Engel & Volkers Lake Placid Real Estate #151652 Report a problem
8/21/2015	Price change	$225,000-4.3%$148/sqft
Source: Engel Voelkers #151579 Report a problem
6/11/2015	Listed for sale	$235,000+9.3%$155/sqft
Source: Engel Voelkers #151579 Report a problem
2/16/2011	Sold	$215,000-10%$142/sqft
Source: Agent Provided Report a problem
6/10/2010	Listed for sale	$239,000$157/sqft
Source: Systems Engineering, Inc. #136830 Report a problem