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Lake Placid See all listings
2807 Wilmington Road, Lake Placid, NY 12946
$349,000
MLS# 173724
0.2 acres
2,454 sq. ft
Listing Courtesy of: Merrill L. Thomas, Inc.
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Overview
This apartment building is exceptionally maintained at the east end of main street in a key travel corridor with no STR restrictions. It consist of one two bedroom and three one bedroom residential apartments. This property has the potential for great cash flow the day you purchase the property! Easy access to all Village amenities. A must see for the serious investor! All units separately metered. Three units are currently vacant ,they were getting between 550-650 per month for the units. Oil heat and Oil hot water average $250.00 per month. Tenants pay for the Electric , each unit has its own meter.
Details & Amenities
Listing Details
- MLS #: 173724
- Status: Expired
- Date Listed: 06-15-2021
- Sq. Ft: 2,454
- Acreage: 0.2
- Seasonal Property: No
- Listing Agent: John Favro
- Listing Courtesy of: Merrill L. Thomas, Inc.
Interior Features
- Basement: Crawl Space
- Heating Type: Baseboard, Electric, Forced Air, Oil
- Air-conditioning Type: None
Exterior & Lot Features
- Area: None
- County: Essex
- Town: Lake Placid
- Township: N Elba
- School District: Lake Placid
- Views: None
- Lot Size Area: 0.2
- Road Type: Gravel
- Zoning Description: Commercial
Building & Construction
- Tax Map #: 42.224-1-6.000
- Annual Taxes: $2,210
- Year Built: 1980
- Parking Features: No Garage
- Exterior Siding: Vinyl Siding
- Roof Type: Asphalt
- Foundation Details: Stone
- Electric AMP: 100 Amp Service, Net Meter
- Window Features: Wood Frames
