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43 Keene Street, Saranac Lake, NY 12983

$215,000
Property Type: Residential Income Square Footage: 2,422 Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $215,000 List Date: 4/18/2025 Last Modified: 8/21/2025

Description

Great investment opportunity with this four unit Apartment complex with excellent rental history. Located in town but tucked away with a wooded yard and plenty of off street parking. A short distance to Lake Colby beach and the rail trail for biking, hiking or snowmobiling in the winter. Owner pays for the oil heat and tenants pay elec. Unit #1 -$800 One BR, unit #2 $865, 2 BR w/W&D hookups, unit #3 $865, 2 BR, unit #4 $800, one BR. *** Unit #1 is currently vacant for renovations.

More Information MLS# 204330

Location, Tax, and Legal

Tax Annual Amount: 4100 Tax Assessed Value: 140000 Land Tax Annual Amount: 956 Deed Date: 2004-11-29

General Property Information

Number Of Buildings: 1 Number of Units: 4 Building Area Total: 2422 Year Built: 1945 Open Parking YN: 1 Open Parking Spaces: 10 Lot Size Acres: 0.45 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2025-08-21 Concessions: No Buyer Financing: Conventional Major Change Timestamp: 2025-08-21T20:16:36Z Major Change Type: Status Change Under Contract Date: 2025-06-15 Close Date: 2025-08-20 Close Price: 215000

Appliances

Electric Range: 1 Exhaust Fan: 1 Free-Standing Range: 1 Free-Standing Refrigerator: 1

Architectural Style

Adirondack: 1 Old Style: 1 Traditional: 1

Basement

Exterior Entry: 1 Full: 1 Unfinished: 1

Construction Materials

Clapboard: 1 Frame: 1

Cooling

Ceiling Fan(s): 1 None: 1

Deed Details

Instrument: deed Page: 11 Volume: 871

Documents Available

Lead Paint: 1 Property Condition: 1

Door Features

Storm Door(s): 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1 Private Entrance: 1

Fencing

None: 1

Financial Details

School Taxes: 1545 Village Taxes: 1511

Flooring

Carpet: 1 Combination: 1 Hardwood: 1 Vinyl: 1

Foundation Details

Stone: 1

Heating

Oil: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Cleared: 1 Level: 1

Other Structures

None: 1

Parking Features

Common: 1

Patio And Porch Features

Glass Enclosed: 1

Pool Features

None: 1

Road Frontage Type

City Street: 1 Public: 1

Road Surface Type

Paved: 1

Security Features

Fire Alarm: 1 Smoke Detector(s): 1

Sewer

Public Sewer: 1

Structure Type

Multi Family: 1

Utilities

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

View

Neighborhood: 1

Water Source

Public: 1

Window Features

Insulated Windows: 1 Metal Frames: 1 Screens: 1

Owner Pays

Exterior Maintenance: 1 Grounds Care: 1 Repairs: 1 Sewer: 1 Snow Removal: 1 Taxes: 1 Water: 1

Unit One

Unit #: 1 Actual Rent: 800 Bathrooms Full: 1 Leased: No Range: 1 Refrigerator: 1

Unit Two

Unit #: 2 Actual Rent: 865 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Three

Unit #: 3 Actual Rent: 865 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Range: 1 Refrigerator: 1

Unit Four

Unit #: 4 Actual Rent: 800 Bathrooms Full: 1 Beds Total: 1 Leased: Yes Range: 1 Refrigerator: 1

Contract Information

Current Price: $215,000 Original List Price: 279900 Sold Price: $215,000 Status: Closed Listing Contract Date: 2025-04-17 Property Sub Type: Quadruplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 43 Street Name: Keene Street Suffix: Street County: Franklin State: NY Postal Code: 12983 MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 446.60-4-23 Zoning: Mixed Directions: In Saranac Lake follow Main Street to Broadway heading toward the hospital. Turn right onto Keene Street and follow to the end. House is #43 last on the left.

Meter Information

Number Of Separate Electric Meters: 5

Unit Details

Number Of Units Leased: 4

Property Features

Appliances: Electric Range; Exhaust Fan; Free-Standing Range; Free-Standing Refrigerator Architectural Style: Adirondack; Old Style; Traditional Basement: Exterior Entry; Full; Unfinished Construction Materials: Clapboard; Frame Cooling: Ceiling Fan(s); None Documents Available: Lead Paint; Property Condition Door Features: Storm Door(s) Electric: 200+ Amp Service Exterior Features: Lighting; Private Entrance Fencing: None Flooring: Carpet; Combination; Hardwood; Vinyl Foundation Details: Stone Heating: Oil Levels: Two Listing Terms: Cash; Conventional Lot Features: Cleared; Level Other Structures: None Owner Pays: Exterior Maintenance; Grounds Care; Repairs; Sewer; Snow Removal; Taxes; Water Parking Features: Common Patio And Porch Features: Glass Enclosed Pool Features: None Road Frontage Type: City Street; Public Road Surface Type: Paved Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Structure Type: Multi Family Utilities: Cable Available; Electricity Connected; Internet Available; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Insulated Windows; Metal Frames; Screens Unit One: Range; Refrigerator Unit Two: Range; Refrigerator Unit Three: Range; Refrigerator Unit Four: Range; Refrigerator

Documents

Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.