38 Broadway, Saranac Lake, NY 12983 (MLS# 160650)

Description

Great mixed use building in the heart of Downtown Saranac Lake centered in an up and coming neighborhood. Very visible location. Abutting two parking lots. First floor commercial space with lots of potential currently operating as two stores. Loading dock in the rear, original tin ceiling with crown molding still intact. The one wall is not sturucural so the whole first floor can be opened up or easily renovated. Upstairs 3 bedroom, 1 1/2 bath apartment currently occupied has a working fireplace and a skylight. Tenants pay their own electric and hot water. Furnace and Hotwater heater newer than 4 years old.

Location, Tax, and Legal

Tax Annual Amount: 4237.57 Land Tax Annual Amount: 978.82 Deed Date: 1992-09-28

General Property Information

Tax Assessed Value: 169100 Lot Size Dimensions: 25 x 77 Enhanced Accessible: Yes Building Area Total: 3900 Year Built: 1900 Lot Size Acres: 0.21

Status Change Information

Status Change Timestamp: 2017-10-04 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2017-10-04T19:25:44Z Major Change Type: Status Change Under Contract Date: 2017-08-25 Close Date: 2017-10-04 Close Price: 210000

Appliances

Electric Water Heater: 1

Basement

Dirt Floor: 1 Unfinished: 1

Construction Materials

Brick: 1 Frame: 1 Masonry: 1 Vinyl Siding: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 263 Volume: 581

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 1272.03 Village Taxes: 1986.72

Heating

Hot Water: 1 Oil: 1 Propane: 1

Lot Features

Paved: 1

Parking Features

Off Street: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Flat: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Income and Expenses

Gross Income: 25200 Lawn Care/Snow Removal Expense: 0 Insurance Expense: 1900 Other Expense: 4263 Trash Expense: 600

Tenant Pays

Electricity: 1 Repairs: 1

Included

Fixtures: 1

Unit One

Total SqFt: 1800 Unit Name: Com Dimensions: 25x77 Lease Rate: 1300 Dock Doors: 1 Year Built: 1925

Unit Two

Total SqFt: 1700 Unit Name: Apt Dimensions: 25x77 Lease Rate: 900 Year Built: 1925

Contract Information

Current Price: $210,000 Original List Price: 250000 Sold Price: $210,000 Status: Closed Listing Contract Date: 2017-08-18 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 38 Street Name: Broadway County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 447.78-1-7 Zoning: Commercial

Property Features

Appliances: Electric Water Heater Basement: Dirt Floor; Unfinished Construction Materials: Brick; Frame; Masonry; Vinyl Siding Cooling: None Electric: 200+ Amp Service Heating: Hot Water; Oil; Propane Included: Fixtures Lot Features: Paved Parking Features: Off Street Road Frontage Type: Public Road Surface Type: Paved Roof: Flat Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: Electricity; Repairs Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial

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