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158 Newman Road, Lake Placid, NY 12946

$605,000
Property Type: Residential Income Square Footage: 3,338 Lot Size (sq. ft.): 22,651 Status: Closed
Current Price: $605,000 List Date: 6/26/2024 Last Modified: 8/31/2024

Description

Location, location, location within walking distance to restaurants, stores, the Adirondack Health Medical Center, Olympic Training Center and the USA Luge facility. This multi-family home with three well maintained spacious apartments each have their own garage stall and laundry. Many recent improvements have been made, to include a new roof, new water heaters, 2 new bathrooms, new hardwood floors in the main house, many new appliances, new insulation in the attic as well as the basement and a new oil tank. Live in one of the apartments and rent the other two or purchase as a long-term rental investment. There are great options with this wonderful property!

More Information MLS# 201971

Location, Tax, and Legal

Tax Annual Amount: 7369.4 Tax Assessed Value: 535000 Land Tax Annual Amount: 1941.81 Deed Date: 2022-05-09

General Property Information

Number Of Buildings: 2 Lot Size Dimensions: .52 Number of Units: 3 Building Area Total: 3338 Year Built: 1920 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Open Parking YN: 1 Lot Size Acres: 0.52 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-08-26 Concessions: No Buyer Financing: Conventional Major Change Timestamp: 2024-08-26T13:03:53Z Major Change Type: Status Change Under Contract Date: 2024-07-03 Close Date: 2024-08-26 Close Price: 605000

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Oven: 1 Refrigerator: 1 Washer: 1

Architectural Style

Adirondack: 1

Basement

Partial: 1 Unfinished: 1

Construction Materials

Wood Siding: 1

Deed Details

Instrument: deed Page: 117 Volume: 2082

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1 Survey: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 2963.4 School Taxes Description: Actual Village Taxes: 2464.19 Village Taxes Description: Actual

Flooring

Wood: 1

Foundation Details

Concrete Perimeter: 1 Stone: 1

Heating

Tank Location: Basement Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1

Interior Features

Apartment: 1

Laundry Features

Inside: 1

Levels

Two: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Few Trees: 1 Level: 1

Other Structures

Garage(s): 1

Parking Features

Garage Faces Side: 1 Off Street: 1

Property Condition

Updated/Remodeled: 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

Sewer

Public Sewer: 1

Structure Type

Triplex: 1

Utilities

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

View

Neighborhood: 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1

Tenant Pays

All Utilities: 1

Unit One

Unit #: 1 Bathrooms Full: 1 Bathrooms Half: 1 Beds Total: 3 Dishwasher: 1 Leased: No Range: 1 Refrigerator: 1

Unit Two

Unit #: 2 Actual Rent: 900 Bathrooms Full: 1 Beds Total: 2 Dishwasher: 1 Leased: Yes Range: 1 Refrigerator: 1

Unit Three

Unit #: 3 Bathrooms Full: 1 Beds Total: 2 Dishwasher: 1 Range: 1 Refrigerator: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $605,000 Original List Price: 635000 Sold Price: $605,000 Status: Closed Listing Contract Date: 2024-05-28 Property Sub Type: Triplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 158 Street Name: Newman Road County: Essex State: NY Postal Code: 12946 MLS Area Major: Lake Placid Township: Lake Placid School District: Lake Placid Parcel Number: 42.271-1-1-8.100 Zoning: Residential Directions: Sentinel Road, then bear right onto Newman Road at the Corner Store. House is on the left. Look for the Sign

Meter Information

Number Of Separate Electric Meters: 3

Unit Details

Number Of Units Leased: 3

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Oven; Refrigerator; Washer Architectural Style: Adirondack Basement: Partial; Unfinished Construction Materials: Wood Siding Documents Available: Deed; Lead Paint; Property Condition; Survey Electric: 200+ Amp Service Exterior Features: Lighting Flooring: Wood Foundation Details: Concrete Perimeter; Stone Heating: Baseboard; Electric; Hot Water; Oil Interior Features: Apartment Laundry Features: Inside Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Few Trees; Level Other Structures: Garage(s) Parking Features: Garage Faces Side; Off Street Property Condition: Updated/Remodeled Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Public Sewer Structure Type: Triplex Tenant Pays: All Utilities Utilities: Cable Connected; Electricity Connected; Internet Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Double Pane Windows Unit One: Dishwasher; Range; Refrigerator Unit Two: Dishwasher; Range; Refrigerator Unit Three: Dishwasher; Range; Refrigerator Showing Requirements: Appointment Only; Call Listing Agent
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.