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Adirondack Real Estate

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36 Church Street, Saranac Lake, NY 12983

$720,000
Property Type: Residential Income Square Footage: 12,770 Lot Size (sq. ft.): 32,670 Status: Closed
Current Price: $720,000 List Date: 9/16/2014 Last Modified: 8/31/2024

Description

Fantastic Income and a place to call Home!Incredible offering of an Historic Landmark in Saranac Lake: The Santanoni! Current owners have been impeccable stewards of this amazing property and have enjoyed living on site for 17 years! 16 residential units, one office and marvelous lobby in the main building, and a separate 2 BR cottage. Located in the center of Saranac Lake, The Capital of the Adirondacks! Close to Lake Flower and the chains of lakes and DownTown Saranac Lake! Easy access to the village and all surrounding natural resources! Ample parking for all tenants and office!Substantial net income.

More Information MLS# 150967

Location, Tax, and Legal

Tax Annual Amount: 11330 Tax Assessed Value: 434100 APA: Hamlet Deed Date: 1997-08-29

General Property Information

Number Of Buildings: 2 Lot Size Dimensions: .75 Number of Units: 8 Building Area Total: 12770 Year Built: 1915 Open Parking Spaces: 30 Lot Size Acres: 0.75 Water Body Name: None

Status Change Information

Status Change Timestamp: 2017-02-10 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2017-02-10T15:20:59Z Major Change Type: Status Change Under Contract Date: 2016-10-17 Close Date: 2017-02-10 Close Price: 720000

Appliances

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

Basement

Full: 1 Unfinished: 1

Construction Materials

Brick: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 236 Volume: 681

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Exemptions

No Exemptions: 1

Exterior Features

Lighting: 1

Heating

Baseboard: 1 Electric: 1 Forced Air: 1 Hot Water: 1 Oil: 1 Propane: 1

Interior Features

Apartment: 1

Listing Terms

Cash: 1

Lot Features

Many Trees: 1

Parking Features

Driveway: 1 No Garage: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Flat: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1 Lake: 1

Income and Expenses

Gross Income: 0 Lawn Care/Snow Removal Expense: 1421 Insurance Expense: 5227 Maintenance Expense: 4941 Operating Expense: 1 Other Expense: 16216 Trash Expense: 1440

Unit One

Actual Rent: 1300 Leased: No Total SqFt: 0

Unit Two

Actual Rent: 750 Leased: No Total SqFt: 0

Unit Three

Unit #: 16 Actual Rent: 8575 Leased: No Total SqFt: 0

Unit Four

Total SqFt: 0

Unit Five

Leased: No Total SqFt: 0

Unit Six

Leased: No Total SqFt: 0

Unit Seven

Leased: No Total SqFt: 0

Unit Eight

Leased: No Total SqFt: 0

Showing Requirements

24 Hour Notice: 1 Call Listing Agent: 1

Contract Information

Current Price: $720,000 Original List Price: 850000 Sold Price: $720,000 Status: Closed Listing Contract Date: 2014-09-16 Property Sub Type: Apartment Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 36 Street Name: Church 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: 447.78-4-5 Zoning: Mixed Directions: Turn off Church at the Santanoni sign, travel to top of driveway. Saranac Lake, the HUB of the Adirondacks has a very strong rental history in general with it's two colleges, tourism industry and State and private sector employment!

Unit Details

Number Of Units Leased: 17

Property Features

Appliances: Electric Oven; Electric Range; Oil Water Heater; Refrigerator Basement: Full; Unfinished Construction Materials: Brick Cooling: None Documents Available: Deed Electric: 200+ Amp Service Exemptions: No Exemptions Exterior Features: Lighting Heating: Baseboard; Electric; Forced Air; Hot Water; Oil; Propane Interior Features: Apartment Listing Terms: Cash Lot Features: Many Trees Parking Features: Driveway; No Garage Road Frontage Type: Public Road Surface Type: Paved Roof: Flat Special Listing Conditions: Standard Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial; Lake Showing Requirements: 24 Hour Notice; Call Listing Agent
Listing Courtesy of Say Real Estate
IDX
Information deemed reliable but not guaranteed.
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