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11 Duprey Street, Saranac Lake, NY 12983

$225,000
Property Type: Residential Income Square Footage: 3,500 Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $225,000 List Date: 8/18/2023 Last Modified: 8/31/2024

Description

Excellent investment opportunity. Property consists of 1 Apartment house including 2- two bedroom, 1 bathroom apartments with large living rooms, lake views, and private screened porch. A new (built 2019) cabin is also on the property and currently functions as a very successful short term rental. In 2022 the property grossed $60,000 in 2023 it is on track to make $75,000. This is an excellent opportunity to live in a full time home and have supplemental income. Listing agent is also owner.

More Information MLS# 200275

Location, Tax, and Legal

Tax Annual Amount: 5283.4 Tax Assessed Value: 492400 Land Tax Annual Amount: 5599.24 Deed Date: 2021-06-15

General Property Information

Number Of Buildings: 3 Main Level Bedrooms: 2 Main Level Bathrooms: 2 Number of Units: 3 Building Area Total: 3500 Year Built: 1930 Garage YN: 1 Garage Spaces: 2 Open Parking YN: 1 Open Parking Spaces: 4 Lot Size Acres: 0.29 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-04-29 Concessions: No Buyer Financing: Conventional Concessions Comments: Price excludes the cabin from the sale. Major Change Timestamp: 2024-04-29T16:13:31Z Major Change Type: Status Change Under Contract Date: 2024-01-04 Close Date: 2024-04-26 Close Price: 225000

Appliances

Built-In Electric Range: 1 Built-In Gas Oven: 1 Cooktop: 1 Dishwasher: 1 Dryer: 1 Electric Cooktop: 1 Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Exhaust Fan: 1 Gas Oven: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Vented Exhaust Fan: 1 Washer: 1 Washer/Dryer: 1 Water Heater: 1

Deed Details

Instrument: Deed Page: 207 Volume: 2039

Documents Available

Deed: 1 Property Condition: 1

Electric

200+ Amp Service: 1 Circuit Breakers: 1

Exterior Features

Fire Pit: 1 Lighting: 1 Outdoor Grill: 1 Private Yard: 1 Storage: 1

Financial Details

School Taxes: 3791.33 School Taxes Description: Estimated Village Taxes: 5283.49 Village Taxes Description: Actual

Flooring

Hardwood: 1 Luxury Vinyl: 1 Tile: 1 Wood: 1

Foundation Details

Block: 1 Poured: 1

Heating

Tank Location: Basement Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1 Separate Meters: 1 Varies by Unit: 1

Interior Features

Apartment: 1 High Speed Internet: 1 Primary Downstairs: 1

Laundry Features

In Unit: 1 Laundry Room: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Back Yard: 1 Level: 1 Views: 1

Other Equipment

Dehumidifier: 1 Fuel Tank(s): 1 Negotiable: 1

Other Structures

Gazebo: 1 Shed(s): 1

Parking Features

Basement: 1 Garage Faces Front: 1 Off Street: 1 Parking Lot: 1 Private: 1

Patio And Porch Features

Covered: 1 Enclosed: 1 Front Porch: 1 Patio: 1 Porch: 1 Rear Porch: 1 Screened: 1

Property Condition

New Construction: 1 Updated/Remodeled: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Sewer

Public Sewer: 1

Structure Type

Cabin: 1 Multi Family: 1

Utilities

Cable Available: 1 Electricity Connected: 1 Internet Available: 1 Internet Connected: 1 Sewer Available: 1 Water Connected: 1 Propane: 1 Water Meter Separate: 1

View

Lake: 1 Marina: 1 Mountain(s): 1

Water Source

Public: 1

Window Features

Display Window(s): 1

Income and Expenses

Fuel Expense: 4640.98 Lawn Care/Snow Removal Expense: 325 Cable Tv Expense: 210.8 Electric Expense: 371.65 Operating Expense: 1 Trash Expense: 160

Owner Pays

Snow Removal: 1 Other: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Gas: 1

Unit One

Unit #: 1 Actual Rent: 1300 Bathrooms Full: 1 Beds Total: 2 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 800

Unit Two

Unit #: 2 Actual Rent: 750 Bathrooms Full: 1 Beds Total: 2 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 800

Unit Three

Unit #: 3 Bathrooms Full: 1 Bathrooms Half: 1 Beds Total: 1 Leased: No Total SqFt: 1200

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Text Listing Agent: 1

Contract Information

Current Price: $225,000 Original List Price: 500000 Sold Price: $225,000 Status: Closed Listing Contract Date: 2023-08-18 Property Sub Type: Triplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 11 Street Name: Duprey Street Suffix: Street County: Essex State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: N Elba School District: Saranac Lake Parcel Number: 32.279-2-15.000 Zoning: Mixed Directions: From Lake Placid on Rt. 86 turn left on Duprey street just past antique store and across from Casa Del Sol. The first two houses on the left.

Meter Information

Number Of Separate Electric Meters: 3

Unit Details

Number Of Units Leased: 2

Property Features

Appliances: Built-In Electric Range; Built-In Gas Oven; Cooktop; Dishwasher; Dryer; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Exhaust Fan; Gas Oven; Microwave; Oven; Range; Refrigerator; Vented Exhaust Fan; Washer; Washer/Dryer; Water Heater Documents Available: Deed; Property Condition Electric: 200+ Amp Service; Circuit Breakers Exterior Features: Fire Pit; Lighting; Outdoor Grill; Private Yard; Storage Flooring: Hardwood; Luxury Vinyl; Tile; Wood Foundation Details: Block; Poured Heating: Baseboard; Electric; Hot Water; Oil; Separate Meters; Varies by Unit Interior Features: Apartment; High Speed Internet; Primary Downstairs Laundry Features: In Unit; Laundry Room Listing Terms: Cash; Conventional Lot Features: Back Yard; Level; Views Other Equipment: Dehumidifier; Fuel Tank(s); Negotiable Other Structures: Gazebo; Shed(s) Owner Pays: Snow Removal; Other Parking Features: Basement; Garage Faces Front; Off Street; Parking Lot; Private Patio And Porch Features: Covered; Enclosed; Front Porch; Patio; Porch; Rear Porch; Screened Property Condition: New Construction; Updated/Remodeled Road Frontage Type: Public Road Surface Type: Paved Roof: Metal Sewer: Public Sewer Structure Type: Cabin; Multi Family Tenant Pays: Cable TV; Electricity; Gas Utilities: Cable Available; Electricity Connected; Internet Available; Internet Connected; Sewer Available; Water Connected; Propane; Water Meter Separate View: Lake; Marina; Mountain(s) Water Source: Public Window Features: Display Window(s) Unit One: Dishwasher; Range; Refrigerator Unit Two: Dishwasher; Range; Refrigerator Showing Requirements: Appointment Only; Call Listing Agent; Text Listing Agent
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.