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Adirondack Real Estate

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0 Gundel Court, Indian Lake, NY 12842

$350,000
Property Type: Residential Income Square Footage: 5,000 Lot Size (sq. ft.): 104,544 Status: Closed
Current Price: $350,000 List Date: 6/07/2017 Last Modified: 8/31/2024

Description

Investors take note! In the heart of the Adirondacks, this one owner complex is now available for sale! Parcels 56.018-3-2.12 and 56.018-3-2.2 include 6 buildings, 16 Apartments, 4 one bedrooms, 8 two bedrooms, 4 three bedrooms, 2 Large town lots, Public water and sewer, individual electric meters, with assumable HUD/Rural Development mortgages. Rents are currently controlled by HUD, long term tenants, annual leases, paved parking, nice grounds, turn key operation! Financials are available! Don't miss this one!

More Information MLS# 159739

Location, Tax, and Legal

Tax Annual Amount: 9514 Tax Assessed Value: 684300 APA: Moderate Intensity Deed Date: 1979-01-01

General Property Information

Lot Size Dimensions: 2-400x150 Number of Units: 7 Building Area Total: 5000 Year Built: 1979 Open Parking Spaces: 30 Lot Size Acres: 2.4 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2018-06-06 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2018-06-06T19:32:04Z Major Change Type: Status Change Under Contract Date: 2017-10-03 Close Date: 2018-06-06 Close Price: 350000

Appliances

Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Refrigerator: 1

Basement

Crawl Space: 1

Construction Materials

T1-11: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 295 Volume: 176

Electric

100 Amp Service: 1

Exterior Features

Storage: 1

Heating

Baseboard: 1 Electric: 1

Interior Features

Apartment: 1

Lot Features

Level: 1

Other Structures

Outbuilding: 1

Parking Features

Deck: 1 Driveway: 1 No Garage: 1

Road Frontage Type

Public: 1

Roof

Composition: 1 Metal: 1

Special Listing Conditions

Standard: 1

Structure Type

Multiple Buildings: 1

Utilities

Internet Available: 1 Natural Gas Not Available: 1 Sewer Connected: 1 Water Connected: 1

View

Neighborhood: 1

Income and Expenses

Lawn Care/Snow Removal Expense: 0

Tenant Pays

All Utilities: 1

Unit One

Unit #: 1 Actual Rent: 756 Bathrooms Full: 1 Beds Total: 1 Leased: Yes Range: 1 Refrigerator: 1

Unit Two

Unit #: 5 Actual Rent: 625 Bathrooms Full: 1 Beds Total: 2 Dishwasher: 1 Leased: Yes Range: 1

Unit Three

Unit #: 13 Actual Rent: 893 Bathrooms Full: 1 Beds Total: 3 Leased: Yes Range: 1 Refrigerator: 1

Unit Five

Leased: No

Unit Six

Leased: No

Unit Seven

Leased: No

Unit Eight

Leased: No

Contract Information

Current Price: $350,000 Original List Price: 439000 Sold Price: $350,000 Status: Closed Listing Contract Date: 2017-06-07 Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Name: Gundel Street Suffix: Court County: Hamilton State: NY Postal Code: 12842 Subdivision Name: None MLS Area Major: Blue Mountain Lake, Indian Lake Township: Indian Lake School District: Indian Lake Parcel Number: 56.01-3-2.2/212 Zoning: Residential Directions: Indian Lake Route 28 to Gundel Court

Unit Details

Number Of Units Leased: 16

Property Features

Appliances: Electric Oven; Electric Range; Electric Water Heater; Refrigerator Basement: Crawl Space Construction Materials: T1-11; Wood Siding Cooling: None Electric: 100 Amp Service Exterior Features: Storage Heating: Baseboard; Electric Interior Features: Apartment Lot Features: Level Other Structures: Outbuilding Parking Features: Deck; Driveway; No Garage Road Frontage Type: Public Roof: Composition; Metal Special Listing Conditions: Standard Structure Type: Multiple Buildings Tenant Pays: All Utilities Utilities: Internet Available; Natural Gas Not Available; Sewer Connected; Water Connected View: Neighborhood Unit One: Range; Refrigerator Unit Two: Dishwasher; Range Unit Three: Range; Refrigerator
Listing Courtesy of Howard Hanna Capital, Inc (Queensbury)
IDX
Information deemed reliable but not guaranteed.
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