Saranac Lake See all listings

132 Old Lake Colby Rd Road, Saranac Lake, NY 12983

$175,000

MLS# 200590

0.61 acres

3,272 sq. ft


Listing Courtesy of: Say Real Estate

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Overview

Great building on a large lot located close to community beach, trails, and Adirondack Medical Center. Five large, easy to rent units. Three units currently occupied month to month at under market rates with room to improve. Potential for shop/garage space or an additional unit as well. Two units currently vacant in varying stages of rehab. Building is profitable even with vacancies so high potential for great cash flow once fully occupied at market rates. Apt 2 has full porch and a storage attic. Fireplace, washer and dryer in apt 1. Apt 3 also has its own washer/dryer. 48 Hour Notice is preferable for showings.

Details & Amenities

Listing Details

  • MLS #: 200590
  • Status: Active
  • Date Listed: 09-26-2023
  • Sq. Ft: 3,272
  • Acreage: 0.61
  • Seasonal Property: No
  • Listing Agent: Carl (CJ) Hagmann
  • Listing Courtesy of: Say Real Estate

Interior Features

  • Basement: Unfinished
  • Heating Type: Oil
  • Air-conditioning Type: None

Exterior & Lot Features

  • Area: None
  • County: Franklin
  • Town: Saranac Lake
  • Township: Harrietstown
  • School District: Saranac Lake
  • Views: Neighborhood
  • Lot Features: Private, Rectangular Lot, Rolling Slope
  • Lot Size Area: 0.61
  • Lot Size Dimensions: .61
  • Total Parking: 8
  • Patio & Porch Features: Front Porch, Side Porch
  • Road Type: Paved
  • Sewer: Public Sewer
  • Body of Water : None
  • Zoning Description: Mixed

Building & Construction

  • Tax Map #: 446.44-1-12.200
  • Annual Taxes: $5,096
  • Year Built: 1980
  • Parking Features: Gravel, On Site
  • Exterior Siding: Frame, Stucco
  • Roof Type: Metal
  • Foundation Details: Stone
  • Electric AMP: 200+ Amp Service
  • Water Source: Public
  • Architectural Style: Traditional
  • Window Features: Vinyl Clad Windows