132 Old Lake Colby Rd RD Pending

Saranac Lake,NY 12983

$ 175000

- Bed

0 Bath

3272 SqFt


Key Details

Property Type Condo, Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,272 sqft

Price per Sqft $53

MLS Listing ID 200590

Style Traditional

Construction Status Fixer

Originating Board Adirondack-Champlain Valley MLS

Year Built 1980

Annual Tax Amount $5,096

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions .61

Property Description

Great building on a large lot located close to community beach, trails, and Adirondack Medical Center. Five large, easy to rent units. Three units currently occupied month to month at under market rates with room to improve. Potential for shop/garage space or an additional unit as well. Two units currently vacant in varying stages of rehab. Building is profitable even with vacancies so high potential for great cash flow once fully occupied at market rates. Apt 2 has full porch and a storage attic. Fireplace, washer and dryer in apt 1. Apt 3 also has its own washer/dryer. 48 Hour Notice is preferable for showings.

Location

State NY

County Franklin

Zoning Mixed

Direction take Broadway bear right onto Old Lake Colby Rd . look for 132 on right.

Body of Water None

Rooms

Basement Unfinished

Interior

Interior Features Apartment

Heating Oil

Cooling None

Flooring Carpet,Hardwood,Linoleum

Fireplace Yes

Window Features Vinyl Clad Windows

Appliance Range,Refrigerator,Washer/Dryer Stacked

Exterior

Garage Gravel,On Site

Utilities Available Electricity Connected,Internet Available,Phone Available,Sewer Connected,Water Connected

Waterfront No

View Neighborhood

Roof Type Metal

Street Surface Paved

Porch Front Porch,Side Porch

Road Frontage Public

Parking Type Gravel,On Site

Total Parking Spaces 8

Garage No

Building

Lot Description Private,Rectangular Lot,Rolling Slope

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Frame,Stucco

New Construction No

Construction Status Fixer

Schools

School District Saranac Lake

Others

Senior Community No

Tax ID 446.44-1-12.200

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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