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31 James Street, Saranac Lake, NY 12983

$135,000
Property Type: Residential Income Square Footage: 2,591 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $135,000 List Date: 4/11/2019 Last Modified: 8/31/2024

Description

Great 3 unit with a strong rental history of long term tenants in nice residential neighborhood. Tenants pay all of their own utilities! Property has a 2 stall garage and a small yard. Great starter home with two rental incomes to off set your monthly expenses! New Boiler 3.5 years ago. Walking distance to town. Seller just installed coin wash to help offset water/sewer bill.

More Information MLS# 165176

Location, Tax, and Legal

Tax Annual Amount: 2825 Tax Assessed Value: 100000 APA: Rural Deed Date: 2017-12-28

Status Change Information

Status Change Timestamp: 2019-06-19 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2019-06-19T20:04:59Z Major Change Type: Status Change Under Contract Date: 2019-04-24 Close Date: 2019-06-19 Close Price: 135000

Appliances

Dryer: 1 Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Oil Water Heater: 1 Refrigerator: 1 Washer: 1

Basement

Full: 1 Partially Finished: 1 Walk-Out Access: 1

Construction Materials

Asphalt: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 12 Volume: 2018

Documents Available

Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Heating

Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1

Interior Features

Apartment: 1 Ceiling Fan(s): 1 High Speed Internet: 1

Listing Terms

Cash: 1 Conventional: 1

Parking Features

Driveway: 1 Gravel: 1 Covered Spaces: 2

Road Frontage Type

Public: 1

Road Surface Type

Gravel: 1

Roof

Composition: 1

Special Listing Conditions

Standard: 1

Structure Type

Up & Down: 1

Utilities

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

View

Neighborhood: 1

Income and Expenses

Gross Income: 26700 Lawn Care/Snow Removal Expense: 800 Insurance Expense: 1600 Manager Expense: 2670 Net Operating Income: 15285 Operating Expense: 1 Other Expense: 613 Trash Expense: 946.8

Tenant Pays

All Utilities: 1

Unit One

Unit #: 1 Actual Rent: 850 Bathrooms Full: 1 Beds Total: 3 Leased: Yes Total SqFt: 1100

Unit Two

Unit #: 2 Actual Rent: 700 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Total SqFt: 700

Unit Three

Unit #: 3 Actual Rent: 675 Bathrooms Full: 1 Beds Total: 1 Leased: Yes Total SqFt: 500

Unit Five

Leased: No

Unit Six

Leased: No

Unit Seven

Leased: No

Unit Eight

Leased: No

Contract Information

Current Price: $135,000 Sold Price: $135,000 Status: Closed Listing Contract Date: 2019-04-11 Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 31 Street Name: James Street Suffix: Street County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 446.68-2-24 Zoning: Residential Directions: Take Garden St off Broadway, bear right at top house is on right look for 31

General Property Information

Number of Units: 7 Building Area Total: 2591 Year Built: 1940 Garage YN: 1 Garage Spaces: 2 Open Parking Spaces: 4 Lot Size Acres: 0.11 Water Body Name: None

Unit Details

Number Of Units Leased: 3

Property Features

Appliances: Dryer; Electric Oven; Electric Range; Electric Water Heater; Oil Water Heater; Refrigerator; Washer Basement: Full; Partially Finished; Walk-Out Access Construction Materials: Asphalt; Wood Siding Cooling: None Documents Available: Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Heating: Baseboard; Electric; Hot Water; Oil Interior Features: Apartment; Ceiling Fan(s); High Speed Internet Listing Terms: Cash; Conventional Parking Features: Driveway; Gravel Road Frontage Type: Public Road Surface Type: Gravel Roof: Composition Special Listing Conditions: Standard Structure Type: Up & Down Tenant Pays: All Utilities Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Neighborhood
Listing Courtesy of Say Real Estate
IDX
Information deemed reliable but not guaranteed.