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68 Park Street, Tupper Lake, NY 12986

$200,000
Property Type: Commercial Sale Square Footage: 8,320 Lot Size (sq. ft.): 3,485 Status: Closed
Current Price: $200,000 List Date: 5/10/2017 Last Modified: 9/02/2024

Description

This property is a well constructed brick building. It consists of a beautiful art gallery on the main/street level, 5-one bedroom apartments at $425 per month, and a smaller one bedroom at $375 per month. Casagrain Gallery is on the main street level. Gross income is $34,000 per year. All apartments were remodeled in 2006, including new appliances, heaters, etc. A new roof was installed in 2015. There is off street parking at the rear of the building. Units are all metered separately.

More Information MLS# 159386

Location, Tax, and Legal

Tax Annual Amount: 8200 Land Tax Annual Amount: 1800 APA: Hamlet Deed Date: 2003-01-21

General Property Information

Tax Assessed Value: 237800 Lot Size Dimensions: 30x116 Building Area Total: 8320 Year Built: 1920 Lot Size Acres: 0.08

Status Change Information

Status Change Timestamp: 2019-04-03 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2019-04-03T19:51:08Z Major Change Type: Status Change Under Contract Date: 2018-11-08 Close Date: 2019-04-03 Close Price: 200000

Appliances

Electric Water Heater: 1

Basement

Full: 1

Construction Materials

Brick: 1 Masonry: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 284 Volume: 826

Documents Available

No Documents: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 3100 Village Taxes: 3300

Frontage Type

Frontage Length: 30

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1

Lot Features

Level: 1 Paved: 1

Parking Features

Off Street: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Flat: 1 Rolled/Hot Mop: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Income and Expenses

Gross Income: 34200 Lawn Care/Snow Removal Expense: 0 Insurance Expense: 4300 Maintenance Expense: 2700 Other Expense: 4600 Professional Management Expense: 2400

Tenant Pays

None: 1

Included

None: 1

Unit One

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Two

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Three

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Contract Information

Current Price: $200,000 Original List Price: 320000 Sold Price: $200,000 Status: Closed Listing Contract Date: 2017-05-10 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 68 Street Name: Park Street Suffix: Street County: Franklin State: NY Postal Code: 12986 Subdivision Name: None MLS Area Major: Tupper Lake, Piercefield, Moody, Altamont, Cranberry Township: Tupper Lake School District: Tupper Lake Parcel Number: 490.67-1-9 Zoning: Commercial Directions: Center of the Business District.

Property Features

Appliances: Electric Water Heater Basement: Full Construction Materials: Brick; Masonry Cooling: None Documents Available: No Documents Electric: 200+ Amp Service Heating: Baseboard; Electric Included: None Listing Terms: Cash Lot Features: Level; Paved Parking Features: Off Street Road Frontage Type: Public Road Surface Type: Paved Roof: Flat; Rolled/Hot Mop Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Commercial
Listing Courtesy of Coldwell Banker Whitbeck Assoc Tupper Lake
IDX
Information deemed reliable but not guaranteed.
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