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62-64 School Street, Lake Placid, NY 12946

$250,000
Property Type: Residential Income Square Footage: 2,401 Lot Size (sq. ft.): 16,117 Status: Closed
Current Price: $250,000 List Date: 7/17/2017 Last Modified: 8/31/2024

Description

Great location behind high school and 500' from Olympic Arena. Super views of high peaks and ski jumps. Property being sold to settle estate. Recent appraisal available for review by serious buyers. There is a 1-car garage under apt. 3 and another 1-car garage detached from main house, used by owner's apt. Owner's apt. remains vacant and can be seen anytime. Ask for lockbox combination. Other two apts. are rented and need 24 hour notice for inspection. Interior is dated and needs upgrades, but the location is the primary value. Listing agent is the estate Executor.

More Information MLS# 160287

Location, Tax, and Legal

Tax Annual Amount: 3404.83 Tax Assessed Value: 223900 APA: Hamlet Deed Date: 1950-01-17

General Property Information

Number Of Buildings: 2 Lot Size Dimensions: irregular Number of Units: 7 Building Area Total: 2401 Year Built: 1920 Garage YN: 1 Garage Spaces: 1 Open Parking Spaces: 3 Lot Size Acres: 0.37 Water Body Name: None

Status Change Information

Status Change Timestamp: 2017-09-11 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2017-09-11T21:33:43Z Major Change Type: Status Change Under Contract Date: 2017-08-22 Close Date: 2017-09-11 Close Price: 250000

Appliances

Dishwasher: 1 Dryer: 1 Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Oil Water Heater: 1 Refrigerator: 1 Washer: 1

Basement

Exterior Entry: 1 Finished: 1

Construction Materials

Cedar: 1 Shingle Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 261 Volume: 275

Documents Available

Appraisal: 1 Deed: 1 Survey: 1

Door Features

Storm Door(s): 1

Electric

100 Amp Service: 1

Exterior Features

Storage: 1

Foundation Details

Block: 1 Wood: 1

Heating

Tank Location: Buried Baseboard: 1 Electric: 1 Hot Water: 1 Oil: 1

Interior Features

Apartment: 1 High Speed Internet: 1 Walk-In Closet(s): 1

Laundry Features

Electric Dryer Hookup: 1 Gas Dryer Hookup: 1 Washer Hookup: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Few Trees: 1 Irregular Lot: 1 Many Trees: 1 Views: 1

Other Structures

Outbuilding: 1

Parking Features

Basement: 1 Driveway: 1 Garage Door Opener: 1 Gravel: 1 Covered Spaces: 2

Patio And Porch Features

Porch: 1

Road Frontage Type

Easement: 1 Public: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1 Smoke Detector(s): 1

Special Listing Conditions

Standard: 1

Structure Type

Up & Down: 1

Utilities

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

View

Mountain(s): 1 Neighborhood: 1

Window Features

Insulated Windows: 1 Storm Window(s): 1

Income and Expenses

Gross Income: 13800 Lawn Care/Snow Removal Expense: 569 Insurance Expense: 1919.8 Maintenance Expense: 543.73 Net Operating Income: 8367.49 Operating Expense: 1 Other Expense: 2072.06 Trash Expense: 427.32

Tenant Pays

All Utilities: 1

Unit One

Unit #: 1 Beds Total: 2 Leased: No Total SqFt: 1037

Unit Two

Unit #: 2 Actual Rent: 600 Beds Total: 1 Leased: No Total SqFt: 920

Unit Three

Unit #: 3 Actual Rent: 550 Beds Total: 1 Leased: No Total SqFt: 444

Unit Five

Leased: No

Unit Six

Leased: No

Unit Seven

Leased: No

Unit Eight

Leased: No

Contract Information

Current Price: $250,000 Original List Price: 250000 Sold Price: $250,000 Status: Closed Listing Contract Date: 2017-07-17 Property Sub Type: Triplex Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 62-64 Street Name: School Street Suffix: Street County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.206-1-5 Zoning: Mixed Directions: Primary building (2-family house) is known as 62 School Street and access is up School Drive (school bus ramp), off School Street and left into driveway at school parking lot. Second building is known as 64 School Street and is accessed on right at intersection of School Street and McLenathen Ave. Walk up several stairs on right side to access apt.

Unit Details

Number Of Units Leased: 2

Property Features

Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Electric Water Heater; Oil Water Heater; Refrigerator; Washer Basement: Exterior Entry; Finished Construction Materials: Cedar; Shingle Siding Cooling: None Documents Available: Appraisal; Deed; Survey Door Features: Storm Door(s) Electric: 100 Amp Service Exterior Features: Storage Foundation Details: Block; Wood Heating: Baseboard; Electric; Hot Water; Oil Interior Features: Apartment; High Speed Internet; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional Lot Features: Few Trees; Irregular Lot; Many Trees; Views Other Structures: Outbuilding Parking Features: Basement; Driveway; Garage Door Opener; Gravel Patio And Porch Features: Porch Road Frontage Type: Easement; Public Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Special Listing Conditions: Standard Structure Type: Up & Down Tenant Pays: All Utilities Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Mountain(s); Neighborhood Window Features: Insulated Windows; Storm Window(s)
Listing Courtesy of Sandy Hayes Realty
IDX
Information deemed reliable but not guaranteed.