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Adirondack Real Estate

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15 Circle Street, Saranac Lake, NY 12983

$325,000
Property Type: Residential Income Square Footage: 2,849 Lot Size (sq. ft.): 3,485 Status: Closed
Current Price: $325,000 List Date: 8/30/2020 Last Modified: 8/31/2024

Description

Three unit apartment home in immaculate condition with remarkable tenants and an on site caretaker who keeps a watchful eye in exchange for a reduced rent. This is a perfect location in the Capital of the Adirondacks, Saranac Lake and a perfect, very well maintained building with reliable income. Many capital improvements have been made including spray foam, new 30 year roof, and renovation of apartments all while keeping the Historic Cure Cottage charm and Large usable porches that extend living spaces. just a few blocks from everything in Downtown Saranac Lake and the new multi use trail system that stretches from Lake Clear to Lake Placid. Enjoy hiking, biking, boating and all the year round outdoor fun the Adirondacks has to offer. Leases in place and financials available upon request. Coin operated washer/dryer in basement accessible to all via hallway.

More Information MLS# 170494

Location, Tax, and Legal

Tax Annual Amount: 3886 Tax Assessed Value: 132500 APA: Hamlet Deed Date: 2009-12-08

General Property Information

Lot Size Dimensions: .08 Number of Units: 7 Building Area Total: 2849 Year Built: 1920 Open Parking Spaces: 3 Lot Size Acres: 0.08 Water Body Name: None

Status Change Information

Status Change Timestamp: 2021-01-29 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2021-01-29T14:10:27Z Major Change Type: Status Change Under Contract Date: 2020-11-25 Close Date: 2021-01-29 Close Price: 325000

Appliances

Dishwasher: 1 Electric Oven: 1 Electric Range: 1 Exhaust Fan: 1 Freezer: 1 Microwave: 1 Oil Water Heater: 1 Range Hood: 1 Refrigerator: 1 Washer: 1

Basement

Full: 1 Unfinished: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 4702 Volume: 2009

Documents Available

Deed: 1 Utility: 1

Electric

200+ Amp Service: 1

Heating

Free Standing Stove: 1 Hot Water: 1 Oil: 1

Interior Features

Apartment: 1 High Speed Internet: 1

Laundry Features

Electric Dryer Hookup: 1 Gas Dryer Hookup: 1 Washer Hookup: 1

Listing Terms

Cash: 1

Other Equipment

Dehumidifier: 1

Parking Features

Driveway: 1 Gravel: 1 No Garage: 1

Patio And Porch Features

Porch: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Security Features

Carbon Monoxide Detector(s): 1 Smoke Detector(s): 1

Special Listing Conditions

Standard: 1

Structure Type

Up & Down: 1

Utilities

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

View

Neighborhood: 1

Window Features

Storm Window(s): 1 Wood Frames: 1

Income and Expenses

Gross Income: 40800 Other Expense: 115

Unit One

Unit #: 1 Actual Rent: 700 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 950

Unit Two

Unit #: 2 Actual Rent: 1300 Bathrooms Full: 1 Beds Total: 3 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 950

Unit Three

Unit #: 3 Actual Rent: 1400 Bathrooms Full: 1 Beds Total: 3 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 950

Unit Five

Leased: No

Unit Six

Leased: No

Unit Seven

Leased: No

Unit Eight

Leased: No

Contract Information

Current Price: $325,000 Original List Price: 339000 Sold Price: $325,000 Status: Closed Listing Contract Date: 2020-08-30 Property Sub Type: Triplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 15 Street Name: Circle Street Suffix: Street County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 447.61-10-8 Zoning: Mixed Directions: Take Bloomingdale Ave to marshal st bare left onto margaret and a quick right on to Circle st. 15 is 2nd house on the left.

Unit Details

Number Of Units Leased: 3

Property Features

Appliances: Dishwasher; Electric Oven; Electric Range; Exhaust Fan; Freezer; Microwave; Oil Water Heater; Range Hood; Refrigerator; Washer Basement: Full; Unfinished Construction Materials: Wood Siding Cooling: None Documents Available: Deed; Utility Electric: 200+ Amp Service Heating: Free Standing Stove; Hot Water; Oil Interior Features: Apartment; High Speed Internet Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Listing Terms: Cash Other Equipment: Dehumidifier Parking Features: Driveway; Gravel; No Garage Patio And Porch Features: Porch Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Special Listing Conditions: Standard Structure Type: Up & Down Utilities: Internet Available; Sewer Connected; Water Connected View: Neighborhood Window Features: Storm Window(s); Wood Frames Unit One: Range; Refrigerator Unit Two: Dishwasher; Range; Refrigerator Unit Three: Dishwasher; Range; Refrigerator
Listing Courtesy of Say Real Estate
IDX
Information deemed reliable but not guaranteed.
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