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305 Mill Pond Road, Lake Placid, NY 12946

$356,200
Property Type: Residential Income Square Footage: 1,700 Lot Size (sq. ft.): 14,375 Status: Closed
Current Price: $356,200 List Date: 10/30/2023 Last Modified: 8/31/2024

Description

Conveniently located Lake Placid duplex just steps away from Main Street shops, restaurants, and the Olympic skating arenas. This 2 unit home offers a fantastic opportunity for a real estate investor or for a first time home buyer desiring added rental income. The upper level apartment is a spacious 3 bedroom, 2 bathroom home spread across two levels. The open floor plan creates ample natural light throughout. On the lower level, the vacant and recently upgraded 2 bedroom, 1 bathroom apartment features brand new flooring, and a series of updates completed within the past two years. This vacant unit offers an attractive option for a first time home buyer living in the apartment while reducing their expenses from the rental income upstairs.

More Information MLS# 200820

Location, Tax, and Legal

Tax Annual Amount: 4512 Tax Assessed Value: 330500 Land Tax Annual Amount: 1160 Deed Date: 2021-05-28

General Property Information

Number Of Buildings: 1 Lot Size Dimensions: .33 Fireplace YN: Yes Number of Units: 2 Building Area Total: 1700 Year Built: 2012 Open Parking YN: 1 Lot Size Acres: 0.33 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-01-11 Concessions: No Buyer Financing: Cash Major Change Timestamp: 2024-01-11T14:55:29Z Major Change Type: Status Change Under Contract Date: 2023-11-09 Close Date: 2024-01-11 Close Price: 356200

Appliances

Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Gas Oven: 1 Refrigerator: 1

Basement

Exterior Entry: 1 Finished: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 285 Volume: 2036

Documents Available

Deed: 1 Leases: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 1830 School Taxes Description: Actual Village Taxes: 1522 Village Taxes Description: Actual

Fireplace Features

Gas: 1 Living Room: 1 Fireplaces Total: 1

Flooring

Luxury Vinyl: 1

Foundation Details

Poured: 1

Heating

Baseboard: 1 Electric: 1

Interior Features

High Speed Internet: 1

Levels

Two: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Lot Features

Few Trees: 1 Level: 1 Many Trees: 1

Parking Features

No Garage: 1 Off Street: 1

Patio And Porch Features

Porch: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Structure Type

Up & Down: 1

Utilities

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

View

Neighborhood: 1 Trees/Woods: 1

Window Features

Insulated Windows: 1 Wood Frames: 1

Contract Information

Current Price: $356,200 Original List Price: 349000 Sold Price: $356,200 Status: Closed Listing Contract Date: 2023-10-30 Property Sub Type: Duplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 305 Street Name: Mill Pond Street Suffix: Road County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid School District: Lake Placid Parcel Number: 42.222-2-29.200 Zoning: Residential Directions: Main Street to Mill Pond to # 305

Unit Details

Number Of Units Leased: 2

Property Features

Appliances: Electric Oven; Electric Range; Electric Water Heater; Gas Oven; Refrigerator Basement: Exterior Entry; Finished Construction Materials: Wood Siding Cooling: None Documents Available: Deed; Leases; Property Condition Electric: 200+ Amp Service Exterior Features: Lighting Fireplace Features: Gas; Living Room Flooring: Luxury Vinyl Foundation Details: Poured Heating: Baseboard; Electric Interior Features: High Speed Internet Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Few Trees; Level; Many Trees Parking Features: No Garage; Off Street Patio And Porch Features: Porch Roof: Composition Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Structure Type: Up & Down Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected; Underground Utilities View: Neighborhood; Trees/Woods Window Features: Insulated Windows; Wood Frames
Listing Courtesy of Adirondack Premier Properties Berkshire Hathaway HomeService
IDX
Information deemed reliable but not guaranteed.