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 wth 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 tremendous cash flow once fully occupied at market rates. Apt 2 has full porch and a storage attic. Fireplace, washer and dryer in apt 1. Ap t 3 also has its own washer/dryer. 48 Hour Notice is preferable for showings.

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on 132 Old Lake Colby Rd
in Saranac Lake, NY
Presented by Carl J Hagmann at
Say Real Estate.


Property MLS #200590 from AdirondackChamplainValley

+ Reveal additional info including schools and tax history

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+ Bathrooms

Total Bathrooms: 0

+ Interior Features

Apartment
Flooring: Carpet, Hardwood, Linoleum
Window Features: Vinyl Clad Windows

+ Appliances

Range
Refrigerator
Washer/Dryer Stacked

+ Other Rooms

Basement Features: Unfinished
Basement Description: Unfinished

+ Heating and Cooling

Heating Features: Oil
Heating: Yes

+ Exterior and Lot Features

Patio And Porch Features: Front Porch, Side Porch
Road Frontage Type: Paved

+ Land Info

Lot Description: Private, Rectangular Lot, Rolling Slope
Lot Size Acres: 0.61
Lot Size Dimensions: .61
Lot Size Square Feet: 26572

+ Garage and Parking

Parking Total: 8

+ Home Features

View: Neighborhood

+ School Information

School District: Saranac Lake
+ Display Complete School Details

Saranac Lake Senior High School is a public high school located approximately 1.1 miles away.
Map directions

Saranac Lake Middle School is a public middle school located approximately 1.1 miles away.
Map directions

Petrova Elementary School is a public elementary school located approximately 1.1 miles away.
Map directions

Northern Lights School is a private elementary school located approximately 1.1 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 5096.420000000
Source Listing Status: Active
County: Franklin
Directions: take Broadway bear right onto Old Lake Colby Rd . look for 132 on right.
Source Property Type: Residential Income
Area: Saranac Lake, Raybrook
MLS Area Minor: Saranac Lake, Raybrook
Source Neighborhood: Saranac Lake, Raybrook
Owner Pays: Hot Water, Insurance, Management, Sewer, Taxes, Trash Collection, Water
Parcel Number: 446.44-1-12.200
Zoning: Mixed
Property Subtype: Apartment
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$129900 + $35100 $165000	$5142
2022	$129900 + $35100 $165000	$5045
2021	$129900 + $35100 $165000	$4900
2020	$129900 + $35100 $165000	$4807
2017	$129900 + $35100 $165000	$4648
2016	$129900 + $35100 $165000	$4416
2015	$129900 + $35100 $165000	$4935
2014	$129900 + $35100 $165000	$4240
2014	$129900 + $35100 $165000	$4275
2013	$119000 + $46000 $165000	$4298
2012	$119000 + $46000 $165000	$2728

+ Reveal Property Sale History

Price Changed 2024-03-13
$175000
AdirondackChamplainValley

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Price Changed 2023-11-11
$194000
AdirondackChamplainValley

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Relisted 2023-10-21
$199000
AdirondackChamplainValley

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Listing removed 2023-10-17
$0
AdirondackChamplainValley

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Listed 2023-09-26
$199000
AdirondackChamplainValley

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Listing removed 2012-10-16
$239000
AdirondackChamplainValley

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Listed 2012-05-22
$239000
AdirondackChamplainValley

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Sold 2002-08-02
$125000
Public Record

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Sold 1997-07-30
$47000
Public Record

+ Building and Construction

Year Built: 1980
Building Area Total: 3272
Building Exterior Type: Frame, Stucco
Construction Materials: Frame, Stucco
Foundation Details: Stone
Property Age: 44
Property Condition: Fixer
Roof: Metal
Levels or Stories: 2
Building Total Stories: 2
Architectural Style: Traditional

+ Utilities

Sewer: Public Sewer
Electricity Connected
Internet Available
Phone Available
Sewer Connected
Water Connected
Water Source: Public