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52 Bloomingdale Avenue, Saranac Lake, NY 12983

$180,000
Property Type: Residential Income Square Footage: 2,472 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $180,000 List Date: 3/11/2022 Last Modified: 8/31/2024

Description

Great investment potential with this 4 unit building located right Downtown Saranac Lake. This building is current 4 long term rental apartments with a 2 car garage underneath. The current owner did a partial roof replacement, and a full bathroom Reno in the larger apartment, as well as some general maintenance repair. Close proximity to shopping, restaurants, and all that downtown has to offer.

More Information MLS# 175676

Location, Tax, and Legal

Tax Annual Amount: 3342.28 Tax Assessed Value: 111000 APA: Moderate Intensity Deed Date: 2019-12-03

Status Change Information

Status Change Timestamp: 2023-07-03 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2023-07-03T14:58:34Z Major Change Type: Status Change Under Contract Date: 2023-04-21 Close Date: 2023-07-03 Close Price: 180000

Appliances

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

Basement

Unfinished: 1 Walk-Out Access: 1

Construction Materials

Stone: 1 Stucco: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 5688 Volume: 2019

Documents Available

Deed: 1 Lead Paint: 1

Electric

150 Amp Service: 1

Foundation Details

Stone: 1

Heating

Tank Location: Above Ground Hot Water: 1 Oil: 1

Interior Features

Apartment: 1 Ceiling Fan(s): 1

Listing Terms

Conventional: 1

Lot Features

Cleared: 1

Parking Features

Basement: 1 Covered Spaces: 2

Road Frontage Type

Public: 1

Roof

Asphalt: 1 Composition: 1 Metal: 1

Security Features

Smoke Detector(s): 1

Special Listing Conditions

Standard: 1

Structure Type

Side by Side: 1 Up & Down: 1

Utilities

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

View

Commercial: 1 Neighborhood: 1

Window Features

Double Pane Windows: 1

Income and Expenses

Gross Income: 42000 Lawn Care/Snow Removal Expense: 1000 Insurance Expense: 1600 Manager Expense: 2940 Operating Expense: 1 Other Expense: 3612 Trash Expense: 1140

Unit One

Unit #: 1 Actual Rent: 900 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Total SqFt: 720

Unit Two

Unit #: 2 Actual Rent: 1000 Bathrooms Full: 1 Beds Total: 3 Leased: Yes Total SqFt: 775

Unit Three

Unit #: 3 Actual Rent: 900 Bathrooms Full: 1 Beds Total: 2 Leased: Yes Total SqFt: 625

Unit Four

Unit #: 4 Actual Rent: 700 Bathrooms Full: 1 Beds Total: 1 Total SqFt: 325

Unit Five

Leased: No

Unit Six

Leased: No

Unit Seven

Leased: No

Unit Eight

Leased: No

Contract Information

Current Price: $180,000 Original List Price: 215000 Sold Price: $180,000 Status: Closed Listing Contract Date: 2022-03-11 Property Sub Type: Quadruplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 52 Street Name: Bloomingdale Street Suffix: Avenue County: Franklin State: NY Postal Code: 12983 Subdivision Name: None MLS Area Major: Saranac Lake, Raybrook Township: Harrietstown School District: Saranac Lake Parcel Number: 447.69-4-3 Zoning: Commercial Directions: Right across from carousel/park.

General Property Information

Number of Units: 8 Building Area Total: 2472 Year Built: 1938 Garage YN: 1 Garage Spaces: 2 Open Parking Spaces: 4 Lot Size Acres: 0.23 Water Body Name: None

Unit Details

Number Of Units Leased: 4

Property Features

Appliances: Electric Range; Oil Water Heater; Refrigerator Basement: Unfinished; Walk-Out Access Construction Materials: Stone; Stucco; Wood Siding Cooling: None Documents Available: Deed; Lead Paint Electric: 150 Amp Service Foundation Details: Stone Heating: Hot Water; Oil Interior Features: Apartment; Ceiling Fan(s) Listing Terms: Conventional Lot Features: Cleared Parking Features: Basement Road Frontage Type: Public Roof: Asphalt; Composition; Metal Security Features: Smoke Detector(s) Special Listing Conditions: Standard Structure Type: Side by Side; Up & Down Utilities: Internet Available; Sewer Connected; Water Connected View: Commercial; Neighborhood Window Features: Double Pane Windows
Listing Courtesy of Say Real Estate
IDX
Information deemed reliable but not guaranteed.