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Adirondack Real Estate

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24 Oak Street, Plattsburgh, NY 12901

$540,000
Property Type: Commercial Sale Square Footage: 5,971 Lot Size (sq. ft.): 3,920 Status: Closed
Current Price: $540,000 List Date: 5/11/2017 Last Modified: 9/02/2024

Description

Excellent downtown commercial building - 3 Retail units and 4 one bedroom apartments. Everything totally rebuilt and renovated throughout building. Apartments rent for $800, $775, $775 and $650. 3 apartments have all new kitchens and baths. Roof is four years old. Retail units are all remodeled.

More Information MLS# 159392

Location, Tax, and Legal

Tax Annual Amount: 10576 Land Tax Annual Amount: 4393 Deed Date: 2017-01-26

General Property Information

Tax Assessed Value: 257000 Lot Size Dimensions: 66x60 Building Area Total: 5971 Year Built: 1965 Lot Size Acres: 0.09

Status Change Information

Status Change Timestamp: 2017-08-17 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2017-08-17T19:36:27Z Major Change Type: Status Change Under Contract Date: 2017-05-12 Close Date: 2017-08-17 Close Price: 540000

Appliances

Electric Water Heater: 1

Basement

Full: 1

Construction Materials

Brick: 1 Masonry: 1

Cooling

Wall Unit(s): 1 Window Unit(s): 1

Deed Details

Instrument: x Page: 77080 Volume: 20162

Documents Available

Deed: 1 Leases: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 6183 Village Taxes: 0

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1 Conventional: 1

Parking Features

On Street: 1

Road Frontage Type

Public: 1

Roof

Flat: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Income and Expenses

Gross Income: 68100 Lawn Care/Snow Removal Expense: 0 Insurance Expense: 3240 Maintenance Expense: 1200 Net Operating Income: 48888 Professional Management Expense: 2700

Owner Pays

Management: 1

Tenant Pays

Electricity: 1

Included

None: 1

Unit One

Total SqFt: 0 Unit Name: Retail 1 Lease Rate: 375 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Two

Total SqFt: 0 Unit Name: Retail 2 Lease Rate: 850 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Three

Total SqFt: 0 Unit Name: Retail 3 Lease Rate: 1450 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $540,000 Original List Price: 550000 Sold Price: $540,000 Status: Closed Listing Contract Date: 2017-05-11 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 24 Street Name: Oak Street Suffix: Street County: Clinton State: NY Postal Code: 12901 Subdivision Name: None MLS Area Major: Plattsburgh, Beekmantown Township: Plattsburgh School District: Plattsburgh Parcel Number: 207.74-2-28 Zoning: Mixed

Property Features

Appliances: Electric Water Heater Basement: Full Construction Materials: Brick; Masonry Cooling: Wall Unit(s); Window Unit(s) Documents Available: Deed; Leases Electric: 200+ Amp Service Heating: Baseboard; Electric Included: None Listing Terms: Cash; Conventional Owner Pays: Management Parking Features: On Street Road Frontage Type: Public Roof: Flat Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Commercial Showing Requirements: Call Listing Agent
Listing Courtesy of Coldwell Banker Whitbeck Assoc. Plattsburgh
IDX
Information deemed reliable but not guaranteed.
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