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17 Park St, Tupper Lake, NY 12986

$170,000
Property Type: Residential Income Square Footage: 1,449 Lot Size (sq. ft.): 39,204 Status: Closed
Current Price: $170,000 List Date: 5/23/2024 Last Modified: 8/31/2024

Description

Great Investment property! This two-unit apartment building and charming cottage on Park Street isn't just close to amenities; it's also a stone's throw away from all kinds of recreational activities. Hiking, biking, fishing, boating, kayaking, canoeing, skiing and so much more. The convenient location is with walking distance to the uptown business district and all amenities as well as the Tupper Lake Municipal Park - home of Tupper Arts Bandshell and the River Pigs baseball team. This property offers two 2 bedroom, 1 bath units both equipped with a washer & dryer. Unit 1 is on the first floor with unit 2 upstairs with a 3rd floor attic space that provides ample storage. In the back of the property is a quaint 2 bedroom, 1 bath cottage with open living room, kitchen floorplan. The cottage was redone 3 years ago with full interior painting, new siding, windows, vinyl laminate floors. The main apartment building has a newer roof and has been recently painted. Whether your tenants crave adventure or tranquility, this location offers it all. Don't miss out on this fantastic investment opportunity in Tupper Lake's thriving community!

More Information MLS# 201916

Location, Tax, and Legal

Tax Annual Amount: 4306 Tax Assessed Value: 99600 Land Tax Annual Amount: 816 Deed Date: 2003-04-04

General Property Information

Number Of Buildings: 2 Main Level Bedrooms: 2 Main Level Bathrooms: 1 Fireplace YN: No Number of Units: 3 Building Area Total: 1449 Year Built: 1920 Open Parking YN: 1 Open Parking Spaces: 3 Parking Total: 3 Lot Size Acres: 0.9 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-08-27 Buyer Financing: Conventional Major Change Timestamp: 2024-08-27T11:30:25Z Major Change Type: Status Change Under Contract Date: 2024-06-05 Close Date: 2024-08-23 Close Price: 170000

Appliances

Oven: 1 Range: 1 Refrigerator: 1 Washer/Dryer: 1

Basement

Apartment: 1 Crawl Space: 1

Construction Materials

Aluminum Siding: 1 Asphalt: 1 Wood Siding: 1

Deed Details

Instrument: Deed Page: 147 Volume: 826

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 1622.39 School Taxes Description: Actual Village Taxes: 1867.3 Village Taxes Description: Actual

Flooring

Carpet: 1 Linoleum: 1 Luxury Vinyl: 1

Foundation Details

Stone: 1

Heating

Electric: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1 Conventional 203(k): 1

Lot Features

Back Yard: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Structure Type

Multiple Buildings: 1

Utilities

Cable Connected: 1 Electricity Connected: 1 Internet Connected: 1 Sewer Connected: 1 Water Connected: 1 Separate Water Heater(s): 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1

Owner Pays

Exterior Maintenance: 1 Grounds Care: 1 Repairs: 1 Sewer: 1 Snow Removal: 1 Taxes: 1 Trash Collection: 1 Water: 1

Tenant Pays

Electricity: 1

Unit One

Unit #: 1 Actual Rent: 500 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Two

Unit #: 2 Actual Rent: 675 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 513

Unit Three

Unit #: 3 Actual Rent: 550 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1 Total SqFt: 520

Contract Information

Current Price: $170,000 Original List Price: 180000 Sold Price: $170,000 Status: Closed Listing Contract Date: 2024-05-23 Property Sub Type: Apartment Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 17 Street Name: Park St County: Franklin State: NY Postal Code: 12986 Subdivision Name: None MLS Area Major: Tupper Lake, Piercefield, Moody, Altamont, Cranberry School District: Tupper Lake Parcel Number: 490.66-5-16 Zoning: Residential Directions: From 80 Park St. go west through stop light and property will be 1.5 blocks down on right.

Income and Expenses

Water Sewer Expense: 237

Meter Information

Number Of Separate Electric Meters: 3 Number Of Separate Water Meters: 3

Unit Details

Number Of Units Leased: 3

Property Features

Appliances: Oven; Range; Refrigerator; Washer/Dryer Basement: Apartment; Crawl Space Construction Materials: Aluminum Siding; Asphalt; Wood Siding Electric: 200+ Amp Service Flooring: Carpet; Linoleum; Luxury Vinyl Foundation Details: Stone Heating: Electric Levels: Two Listing Terms: Cash; Conventional; Conventional 203(k) Lot Features: Back Yard Owner Pays: Exterior Maintenance; Grounds Care; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water Road Surface Type: Paved Roof: Asphalt Structure Type: Multiple Buildings Tenant Pays: Electricity Utilities: Cable Connected; Electricity Connected; Internet Connected; Sewer Connected; Water Connected; Separate Water Heater(s) Water Source: Public Window Features: Double Pane Windows Unit One: Range; Refrigerator Unit Two: Range; Refrigerator Unit Three: Range; Refrigerator
Listing Courtesy of Merrill L. Thomas - Gillis Team
IDX
Information deemed reliable but not guaranteed.