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1 Pine Street, Plattsburgh, NY 12901

$575,000
Property Type: Residential Income Square Footage: 5,059 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $575,000 List Date: 11/14/2023 Last Modified: 11/16/2024

Description

Great location and great rental history! This downtown property is walking distance to all of the restaurants and shops. The 7 units are all currently leased, and there is a common use laundry area on the main floor. The current owner has done several nice updates including the addition of a back porch that towers all three stories that is still in progress. The building has off street parking, which is nice for those stormy winter months. Current owner is handling management, and lawn maintenance. Each tenant pays their own electric, owner pays water and trash.

More Information MLS# 200890

Location, Tax, and Legal

Tax Annual Amount: 7454.92 Tax Assessed Value: 257500 Land Tax Annual Amount: 4404.68 Deed Date: 2016-05-17

General Property Information

Number Of Buildings: 1 Lot Size Dimensions: 104x53 Stories Total: 3 Fireplace YN: No Number of Units: 7 Building Area Total: 5059 Year Built: 1973 Open Parking YN: 1 Lot Size Acres: 0.13 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-11-16 Buyer Financing: Seller Financing Major Change Timestamp: 2024-11-16T14:00:00Z Major Change Type: Status Change Price Change Timestamp: 2023-12-12T16:30:06Z Under Contract Date: 2024-01-05 Close Date: 2024-11-15 Close Price: 575000

Architectural Style

Other: 1

Construction Materials

Vinyl Siding: 1

Cooling

None: 1

Deed Details

Instrument: 20162709045

Documents Available

Deed: 1 Leases: 1

Exemptions

No Exemptions: 1

Fencing

None: 1

Financial Details

School Taxes: 3050.24 School Taxes Description: Actual

Heating

Electric: 1

Interior Features

Apartment: 1

Laundry Features

Common Area: 1 Inside: 1

Levels

Three Or More: 1

Listing Terms

Cash: 1

Lot Features

City Lot: 1 Corner Lot: 1

Parking Features

Off Street: 1

Patio And Porch Features

Deck: 1

Pool Features

None: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Sewer

Public Sewer: 1

Spa Features

None: 1

Structure Type

Multi Family: 1

Utilities

Cable Available: 1 Electricity Connected: 1 Internet Available: 1 Sewer Connected: 1 Water Connected: 1

View

Downtown: 1

Water Source

Public: 1

Window Features

Vinyl Clad Windows: 1

Owner Pays

Insurance: 1 Repairs: 1 Sewer: 1 Taxes: 1 Water: 1

Tenant Pays

Electricity: 1

Unit One

Unit #: 101 Actual Rent: 1075 Bathrooms Full: 1 Beds Total: 2 Leased: Yes

Unit Two

Unit #: 103 Actual Rent: 875 Bathrooms Full: 1 Beds Total: 1 Leased: Yes

Unit Three

Unit #: 201 Actual Rent: 875 Bathrooms Full: 1 Beds Total: 2 Leased: Yes

Unit Four

Unit #: 302 Actual Rent: 875 Bathrooms Full: 1 Beds Total: 2 Leased: Yes

Unit Five

Unit #: 202 Actual Rent: 825 Bathrooms Full: 1 Beds Total: 2 Leased: Yes

Unit Six

Unit #: 102 Actual Rent: 775 Bathrooms Full: 1 Beds Total: 1 Leased: Yes

Unit Seven

Unit #: 4 Actual Rent: 750 Bathrooms Full: 1 Beds Total: 2 Leased: Yes

Showing Requirements

48 Hour Notice: 1 Text Listing Agent: 1

Contract Information

Current Price: $575,000 Original List Price: 625000 Sold Price: $575,000 Status: Closed Listing Contract Date: 2023-11-14 Property Sub Type: Apartment Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 1 Street Name: Pine Street Suffix: Street County: Clinton State: NY Postal Code: 12901 Subdivision Name: None MLS Area Major: City of Plattsburgh Township: Plattsburgh School District: Plattsburgh Parcel Number: 221.7-3-1 Zoning: Commercial Directions: Corner of Broad and Pine

Income and Expenses

Insurance Expense: 3000 Trash Expense: 1200 Vacancy Allowance: 5

Meter Information

Number Of Separate Electric Meters: 7

Unit Details

Number Of Units Leased: 7

Property Features

Architectural Style: Other Construction Materials: Vinyl Siding Cooling: None Documents Available: Deed; Leases Exemptions: No Exemptions Fencing: None Heating: Electric Interior Features: Apartment Laundry Features: Common Area; Inside Levels: Three Or More Listing Terms: Cash Lot Features: City Lot; Corner Lot Owner Pays: Insurance; Repairs; Sewer; Taxes; Water Parking Features: Off Street Patio And Porch Features: Deck Pool Features: None Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Sewer: Public Sewer Spa Features: None Structure Type: Multi Family Tenant Pays: Electricity Utilities: Cable Available; Electricity Connected; Internet Available; Sewer Connected; Water Connected View: Downtown Water Source: Public Window Features: Vinyl Clad Windows Showing Requirements: 48 Hour Notice; Text Listing Agent

Documents

View Document Deed ›
View Document Lead Pain ›
Listing Courtesy of LB House To Home Realty
IDX
Information deemed reliable but not guaranteed.
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