Secure a high-occupancy residential asset in the Adirondacks' most sought-after recreation corridor. This 5-unit multi-family property in Wilmington offers a unique lifestyle draw for tenants: private river access paired with a location only 5 minutes from the base of Whiteface Mountain.
Property Breakdown:
Composition: (4) 1BR/1BA apartments plus (1) 1BR/1BA detached single-family residence.
Total Gross Income: $4,525 per month.
Owner-Friendly Mechanics: All units feature separately metered utilities, keeping owner expenses predictable and low.
The 'Wilmington Edge': Demand in this area is driven by its 15-minute proximity to Lake Placid and its status as a mountain biking and skiing mecca.
Whether you are looking for a stable long-term hold or a 'house-hack' where you live in the riverfront cottage while the four units pay your mortgage, 5732-5734 NYS Rte 86 is a rare find in a supply-constrained market.
For sale
$380,000
5732&5734 Nys Rte #86, Wilmington, NY 12997
--beds
0baths
3,569sqft
Quadruplex
Built in 1935
-- sqft lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
Private river accessRiverfront cottage
- 250 days
- 304
- 19
Zillow last checked:
Listing updated:
Listed by:
Coldwell Banker Whitbeck Assoc-Saranac Lake 518-418-2222,
Jack Newberry,
Peter J. Whitbeck,
Coldwell Banker Whitbeck Assoc-Saranac Lake
Source: ACVMLS,MLS#: 206377
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric, Propane
Appliances
- Included: Electric Cooktop, Electric Oven, Refrigerator
Features
- Apartment
- Flooring: Carpet, Laminate, Luxury Vinyl, Varies, Wood
- Basement: Full,Partially Finished,Storage Space,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,569
- Total interior livable area: 3,569 sqft
Property
Parking
- Parking features: Off Street, On Site, Private
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Balcony, Dock, Garden, Private Yard
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Access
- Body of water: Ausable River
- Frontage type: River
Lot
- Size: 1.01 Acres
- Features: Back Yard, City Lot, Few Trees, Garden, Views, Waterfront
Details
- Parcel number: 26.6512.000
- Zoning: Mixed
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Roof: Asphalt,Shingle
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Propane
Community & HOA
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $432,110
- Annual tax amount: $6,612
- Date on market: 12/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: Short Term Lease
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,364/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2025 | Listed for sale | $380,000$106/sqft |
Source:  ACVMLS #206377 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 12997
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