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Adirondack Real Estate

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374 Old Military Road, Lake Placid, NY 12946

$120,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,640 Lot Size (sq. ft.): 17,860 Status: Closed
Current Price: $120,000 List Date: 8/20/2016 Last Modified: 8/25/2024

Description

Great investment opportunity located in the Village of Lake Placid. Currently a duplex, with two separate two bedrooms units, with steady income history. Washer & dryer hookups in each unit, separate parking and outdoor space. Property could easily be converted back to a single family home. Sale includes a second vacant lot located behind the home. Close to the Elementary school, easy walk or drive to town, and across the street from the Fish & Game Club and baseball fields. Ongoing repairs including roof, electrical, and other upgrades.

More Information MLS# 158000

Location, Tax, and Legal

Tax Annual Amount: 2063 Tax Assessed Value: 98300 Land Tax Annual Amount: 792 Deed Date: 2015-09-30

General Property Information

Seasonal Property YN: No Lot Size Dimensions: 52'x400' Fireplace YN: No Bedrooms Total: 4 Bathrooms Total: 2 Bathrooms Full: 2 Above Grade Finished Area: 1640 Building Area Total: 1640 Living Area: 1640 Year Built: 1940 Garage YN: 1 Attached Garage YN: 1 Lot Size Acres: 0.41 Water Body Name: None

Status Change Information

Status Change Timestamp: 2017-11-17 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2017-11-17T20:33:49Z Major Change Type: Status Change Under Contract Date: 2017-11-06 Close Date: 2017-11-17 Close Price: 120000

Appliances

Electric Cooktop: 1 Electric Oven: 1 Refrigerator: 1

Architectural Style

Old Style: 1

Association Amenities

None: 1

Association Fee Includes

None: 1

Basement

Partial: 1 Unfinished: 1

Construction Materials

Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 220 Volume: 1814

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Exterior Features

Kennel: 1

Financial Details

School Taxes: 698 Village Taxes: 573

Fireplace Features

Wood Burning Stove: 1

Heating

Baseboard: 1 Electric: 1 Wood Stove: 1

Interior Features

Apartment: 1

Levels

One: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Many Trees: 1

Roof

Asphalt: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Neighborhood: 1 Trees/Woods: 1

Window Features

Wood Frames: 1

Room Types

Living Room Level: First

Contract Information

Current Price: $120,000 Original List Price: 105000 Sold Price: $120,000 Status: Closed Listing Contract Date: 2016-08-20 Property Sub Type: Single Family Residence Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant

Location Tax and Legal

Street Number: 374 Street Name: Old Military Street Suffix: Road County: Essex State: NY Postal Code: 12946 Subdivision Name: Eagle Bay Park MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.253-1-4.100 Zoning: Residential Directions: Old Military Road in Lake Placid. Across from the Fish & Game fields.

Property Features

Appliances: Electric Cooktop; Electric Oven; Refrigerator Architectural Style: Old Style Association Amenities: None Association Fee Includes: None Basement: Partial; Unfinished Construction Materials: Wood Siding Cooling: None Documents Available: Deed Electric: 200+ Amp Service Exterior Features: Kennel Fireplace Features: Wood Burning Stove Heating: Baseboard; Electric; Wood Stove Interior Features: Apartment Levels: One Listing Terms: Cash; Conventional Lot Features: Many Trees Roof: Asphalt Special Listing Conditions: Standard Utilities: Internet Available; Sewer Connected; Water Connected View: Neighborhood; Trees/Woods Window Features: Wood Frames

Room Information

Living Room Remarks: 10x10 Primary Bedroom Remarks: 12x12 Bedroom 3 Remarks: 12x12 Bedroom 2 Remarks: 8x10 Other Room Primary Bathroom Dining Room Kitchen Great Room Utility Room Den Office Game Room Bathroom
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com
Information deemed reliable but not guaranteed.
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