Adirondack Real Estate

Explore a curated selection of Adirondack real estate, including land, waterfront properties, and homes for sale. As both a builder and licensed real estate professional, we help clients evaluate opportunities and plan what comes next.

We have the experience to find an Adirondack property and turn it into a home.

2254 Saranac Avenue, Lake Placid, NY 12946

$545,000
Property Type: Residential Income Square Footage: 3,200 Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $545,000 List Date: 10/16/2023 Last Modified: 8/31/2024

Description

Unit Breakdown: 3 units are 1-bedroom apartments. 2 units are 2-bedroom apartments. Utilities: Each unit is metered separately. Property Condition: The building has been well-maintained over the years. Unit Features: Hardwood floors. Large windows for natural light. Some units have decks for outdoor living. Each unit has its own kitchen or kitchenette Each w Private bathroom Lot Size: 0.2 acres. Parking: 5 Parking Spots Available. Green Space: There is green space on the property. Location: Conveniently located within walking distance to Main Street. Rental Income: The combined rent for all units generates over $3,200 a month. Shared Space: The basement is shared and includes coin-operated laundry facility. Expenses: Details about expenses are available upon request. This property is a charming and well-maintained investment opportunity, particularly for those looking to generate rental income from multiple units in a convenient location. Specific expenses and other financial details available upon request. Tenants on month to month leases but Seller requesting three months notice for Tenants to find alternate living arrangements if the future purchaser has different plans for the property. SELLER REQUESTING PROOF OF FUNDS OR PREQUALIFICATION PRIOR TO SHOWING!

More Information MLS# 200737

Location, Tax, and Legal

Tax Annual Amount: 5291.25 Tax Assessed Value: 377400 Land Tax Annual Amount: 1462.51 Deed Date: 2021-12-23

Status Change Information

Status Change Timestamp: 2023-12-11 Concessions: Yes Buyer Financing: Cash Concessions Amount: 5000 Major Change Timestamp: 2023-12-12T01:14:07Z Major Change Type: Status Change Under Contract Date: 2023-10-31 Close Date: 2023-12-11 Close Price: 545000

Appliances

Washer/Dryer: 1

Architectural Style

Traditional: 1

Basement

Unfinished: 1

Common Walls

2+ Common Walls: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: DEED Page: 26 Volume: 2065

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 2090.45 Village Taxes: 1738.29

Flooring

Hardwood: 1

Heating

Electric: 1

Interior Features

Apartment: 1

Laundry Features

In Basement: 1

Levels

Tri-Level: 1

Parking Features

Off Street: 1 Open: 1

Patio And Porch Features

Covered: 1 Enclosed: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Asphalt: 1

Sewer

Public Sewer: 1

Structure Type

Multi Family: 1

Utilities

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

View

Neighborhood: 1

Water Source

Public: 1

Owner Pays

Grounds Care: 1 Snow Removal: 1 Taxes: 1 Trash Collection: 1

Tenant Pays

Electricity: 1

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $545,000 Original List Price: 575000 Sold Price: $545,000 Status: Closed Listing Contract Date: 2023-10-16 Property Sub Type: Apartment Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2254 Street Name: Saranac Street Suffix: Avenue County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid School District: Lake Placid Parcel Number: 42.141-5-2.000 Directions: From Main Street Lake Placid, take a left onto Saranac Avenue. The property is on the left, second building before Nash Street.

General Property Information

Building Area Total: 3200 Year Built: 1950 Open Parking YN: 1 Open Parking Spaces: 5 Parking Total: 5 Lot Size Acres: 0.2

Meter Information

Number Of Separate Electric Meters: 5

Unit Details

Number Of Units Leased: 5

Property Features

Appliances: Washer/Dryer Architectural Style: Traditional Basement: Unfinished Common Walls: 2+ Common Walls Construction Materials: Wood Siding Cooling: None Documents Available: Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Flooring: Hardwood Heating: Electric Interior Features: Apartment Laundry Features: In Basement Levels: Tri-Level Owner Pays: Grounds Care; Snow Removal; Taxes; Trash Collection Parking Features: Off Street; Open Patio And Porch Features: Covered; Enclosed Road Frontage Type: Public Road Surface Type: Paved Roof: Asphalt Sewer: Public Sewer Structure Type: Multi Family Tenant Pays: Electricity Utilities: Cable Connected; Internet Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Showing Requirements: Call Listing Agent
Listing Courtesy of The Reynolds Group of Lake Placid, LLC
IDX
Information deemed reliable but not guaranteed.