Saranac Lake See all listings

61-63 Park Avenue, Saranac Lake, NY 12983

$225,000

MLS# 147857

0.58 acres

7,257 sq. ft


Listing Courtesy of: Merrill L. Thomas, Inc.

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Overview

Five unit apartment house and four bedroom guest house located on large .58 acre lot on Park Avenue in Saranac Lake. Both properties feature original hardwood floors, replacement windows, porches, brick fireplace and stone fireplace and separate utility meters. Units are rented long term with good income flow. Owner/Landlord is retiring and has priced the property over $100,000 less than the tax assessed value. Great investment opportunity within walking distance of the village.

Details & Amenities

Listing Details

  • MLS #: 147857
  • Status: Closed
  • Date Listed: 10-28-2013
  • Sq. Ft: 7,257
  • Acreage: 0.58
  • Closing Date: 2014-04-10
  • Closing Price: $200,000
  • Seasonal Property: No
  • Listing Agent: Mark Adler
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Basement: Unfinished
  • Heating Type: Hot Water, Oil
  • Air-conditioning Type: None

Exterior & Lot Features

  • Area: None
  • County: Franklin
  • Town: Saranac Lake
  • Township: Saranac Lake
  • School District: Saranac Lake
  • Views: Neighborhood, Trees/Woods
  • Lot Features: Few Trees, Rolling Slope
  • Lot Size Area: 0.58
  • Lot Size Dimensions: .58 acre
  • Other Structures: Guest House
  • Patio & Porch Features: Porch
  • Road Type: Paved
  • Body of Water : None
  • Waterfront Features: None
  • Zoning Description: Residential

Building & Construction

  • Tax Map #: 446.60-4-12
  • Annual Taxes: $8,535
  • Year Built: 1945
  • Parking Features: Driveway, No Garage
  • Exterior Siding: Wood Siding
  • Roof Type: Composition
  • Foundation Details: Stone
  • Electric AMP: 100 Amp Service
  • Window Features: Insulated Windows, Single Pane Windows, Storm Window(s), Wood Frames