3,442 SqFt
3,442 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,442 sqft
Price per Sqft $123
MLS Listing ID 208647
Style Colonial
Construction Status Updated/Remodeled
Year Built 1930
Annual Tax Amount $3,504
Property Sub-Type Quadruplex
Source Adirondack-Champlain Valley MLS
Property Description
Each apartment has its own 100-amp electrical service on a separate meter. Electrical has been updated throughout, and most plumbing has been updated to PEX. The building also offers a new roof (2021), fresh paint throughout, an electric heat pump water heater, electric baseboard and wall fan heat, propane stoves, and wood floors throughout. Smoke detectors are connected to Mahoney Alarms, and a paved rear parking area holds 4+ cars.
Apartment 1 is the 2-bedroom unit, with its own separate entrance, granite countertops and a washer/dryer hookup. Apartment 2 has radiant floor heat in the bathroom. Apartment 3 includes a washer and dryer. Apartment 4 is vacant and in the final stage of renovation. It has a washer and dryer and dimmable lighting, and a new kitchen countertop will be installed before closing, so it will be ready for a new tenant or an owner-occupant. The top-floor apartment offers views of Baker Mountain and a 3-season sun porch.
Lake Flower is about two blocks away, and downtown Saranac Lake's restaurants and shops are less than half a mile away. This updated Saranac Lake quadriplex has income potential from day one.
Location
State NY
County Essex
Direction From Town Hall Head northwest on Main St. Turn onto Helen St. Continue to Franklin Ave to arrive at 79 Franklin Ave, Saranac Lake, NY 12983. Look for the yellow door.
Rooms
Basement Unfinished
Interior
Interior Features Granite Counters, High Speed Internet
Heating Baseboard, Electric, Radiant Floor
Flooring Wood
Window Features Storm Window(s)
Appliance Dryer, Gas Range, Microwave, Refrigerator, Washer
Exterior
Parking Features Off Street, Open, Paved
Utilities Available Cable Connected, Electricity Connected, Internet Connected, Phone Available, Sewer Connected, Water Connected
View Mountain(s), Neighborhood
Roof Type Asphalt,Shingle
Street Surface Paved
Porch Covered, Enclosed, Front Porch
Road Frontage Public
Total Parking Spaces 4
Building
Lot Description Few Trees, Views
Story Three Or More
Sewer Public Sewer
Water Public
Architectural Style Colonial
Structure Type Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
School District Saranac Lake
Others
Senior Community No
Tax ID 32.198-1-6.000
Security Features Carbon Monoxide Detector(s),Fire Escape,Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Nearby Locations
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