• Asking Price $175,000
  • Estimated Value: $606,972

  • HOT 132 OLD LAKE COLBY RD SARANAC LAKE, NY 12983

  • 3,272 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 132 OLD LAKE COLBY RD, SARANAC LAKE, NY 12983

Features

  • Price/sqft: $53
  • Total Units: 4
  • Stories: 200
  • Roof Type: Metal
  • Parking: 8.0

Facts

  • Year Built: 01/01/1980
  • Property ID: 859694564
  • MLS Number: 200590
  • Parcel Number: 164601 446.44-1-12.200
  • Property Type: Townhouse or Condo
  • County: Franklin
  • Zoning: 07 - MIXED
  • Exterior Features: Stucco
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.

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Property Brokerage: Say Real Estate 87 River Street Saranac Lake NY 12983
Copyright © 2024 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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