Adirondack Real Estate

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144 Broadway, Saranac Lake, NY 12983

$158,000
Property Type: Commercial Sale Square Footage: 2,300 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $158,000 List Date: 1/22/2020 Last Modified: 9/02/2024

Description

This converted residential building has two office spaces and a one bedroom apartment. The apartment is located on the third floor, with its own entrance on the main level which opens into a mud room, with stairs leading up to the third floor residence. Perfect to live in while renting out the additional spaces to cover your mortgage, or have three rental incomes from this well kept property in a great location. Adirondack Audiology currently rents the largest space on the main floor. This property comes with six off street parking spaces, and additional road frontage parking as well. Both the Audiology office and the third floor resident are long term tenants. A great property with possibility for additional rental income from the third office space located on the lower level of the building. This property is a must see for buyers interested in purchasing an investment property in the Village of Saranac Lake!

More Information MLS# 168650

Location, Tax, and Legal

Tax Annual Amount: 5158.78 Land Tax Annual Amount: 3380.31 Deed Date: 2009-07-28

General Property Information

Tax Assessed Value: 174400 Enhanced Accessible: Yes Building Area Total: 2300 Year Built: 1980 Lot Size Acres: 0.23

Status Change Information

Status Change Timestamp: 2020-10-09 Buyer Financing: Conventional Concessions Amount: 6900 Major Change Timestamp: 2020-10-09T13:02:44Z Major Change Type: Status Change Under Contract Date: 2020-07-24 Close Date: 2020-10-09 Close Price: 158000

Appliances

Oil Water Heater: 1

Basement

Finished: 1 Full: 1 Walk-Out Access: 1

Construction Materials

Frame: 1 Masonry: 1 Shingle Siding: 1 Stone Veneer: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: Deed Page: 227 Volume: 1003

Documents Available

Deed: 1 Property Condition: 1

Electric

100 Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 1778.47

Foundation Details

Stone: 1

Heating

Tank Location: 1 Hot Water: 1 Oil: 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1

Lot Features

Level: 1 Many Trees: 1 Paved: 1

Parking Features

Off Street: 1 On Street: 1 Parking Lot: 1

Road Surface Type

Paved: 1

Roof

Metal: 1

Special Listing Conditions

Standard: 1

Utilities

Internet Available: 1 Sewer Connected: 1 Water Connected: 1

View

Commercial: 1

Income and Expenses

Gross Income: 24360

Tenant Pays

Electricity: 1

Building Features

Kitchen: 1

Included

None: 1

Unit One

Unit Name: 1 Dimensions: 500

Unit Two

Unit Name: 2 Dimensions: 1200 Lease Rate: 1400

Unit Three

Unit Name: 3 Dimensions: 700 Lease Rate: 630

Contract Information

Current Price: $158,000 Original List Price: 160000 Sold Price: $158,000 Status: Closed Listing Contract Date: 2020-01-22 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 144 Street Name: Broadway County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 446.68-6-18 Directions: In Saranac Lake from River St make a right on to Broadway, look for Adirondack Audiology building located at 144 Broadway.

Property Features

Appliances: Oil Water Heater Basement: Finished; Full; Walk-Out Access Building Features: Kitchen Construction Materials: Frame; Masonry; Shingle Siding; Stone Veneer; Vinyl Siding; Wood Siding Cooling: Window Unit(s) Documents Available: Deed; Property Condition Electric: 100 Amp Service Exterior Features: Lighting Foundation Details: Stone Heating: Hot Water; Oil Included: None Listing Terms: Cash; Conventional; FHA Lot Features: Level; Many Trees; Paved Parking Features: Off Street; On Street; Parking Lot Road Surface Type: Paved Roof: Metal Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.