Adirondack Real Estate

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61 Panther Mountain Drive, Chestertown, NY 12817

$375,000
Property Type: Commercial Sale Square Footage: 6,912 Lot Size (sq. ft.): 78,408 Status: Closed
Current Price: $375,000 List Date: 6/04/2018 Last Modified: 9/02/2024

Description

Investors take note! In the Adirondacks, this nicely maintained complex is now available for sale! Project includes 3 buildings, 12 total Apartments, all one bedrooms, Large 1.80 Acre town lot, Private water and sewer, Central Oil Hot Water Heat, Individual Electric Meters, with assumable HUD/Rural Development mortgages. Rents are currently controlled by HUD and USDA Subsidy, long term tenants with a waiting list, annual leases, large paved parking, nice grounds, turn key operation! Financials are available! Don't miss this one!

More Information MLS# 162836

Location, Tax, and Legal

Tax Annual Amount: 4823 Land Tax Annual Amount: 2488 APA: Hamlet Deed Date: 2004-05-28

General Property Information

Tax Assessed Value: 353350 Lot Size Dimensions: 393 x 428 Enhanced Accessible: Yes Building Area Total: 6912 Year Built: 1979 Lot Size Acres: 1.8

Status Change Information

Status Change Timestamp: 2019-07-03 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2019-07-03T20:10:39Z Major Change Type: Status Change Under Contract Date: 2019-03-27 Close Date: 2019-07-03 Close Price: 375000

Appliances

Electric Water Heater: 1

Basement

Crawl Space: 1 Exterior Entry: 1 Partially Finished: 1

Construction Materials

2x6 Walls: 1 T1-11: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 202 Volume: 1389

Electric

100 Amp Service: 1

Financial Details

School Taxes: 2325

Frontage Type

Frontage Length: 393

Heating

Tank Location: 1 Hot Water: 1 Oil: 1

Listing Terms

Assumable: 1 Cash: 1 Conventional: 1

Lot Features

Level: 1 Paved: 1

Parking Features

Off Street: 1 Parking Lot: 1 Private: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

Internet Available: 1

Water Source

Well Drilled: 1

Tenant Pays

Electricity: 1

Included

None: 1

Contract Information

Current Price: $375,000 Sold Price: $375,000 Status: Closed Listing Contract Date: 2018-06-04 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 61 Street Name: Panther Mountain Street Suffix: Drive County: Warren State: NY Postal Code: 12817 Subdivision Name: None MLS Area Major: Lake George, Bolton Landing Township: Chester School District: North Warren Parcel Number: 104.14-1-17 Zoning: Commercial Directions: NYS 87, Northway to exit 25 to Route 9 South (Main Street) to Panther Mountain Dr.

Property Features

Appliances: Electric Water Heater Basement: Crawl Space; Exterior Entry; Partially Finished Construction Materials: 2x6 Walls; T1-11 Cooling: Window Unit(s) Electric: 100 Amp Service Heating: Hot Water; Oil Included: None Listing Terms: Assumable; Cash; Conventional Lot Features: Level; Paved Parking Features: Off Street; Parking Lot; Private Road Frontage Type: Public Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Internet Available Water Source: Well Drilled
Listing Courtesy of Howard Hanna Capital, Inc (Queensbury)
IDX
Information deemed reliable but not guaranteed.