$515,000
$575,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
77 Will Rogers DR Saranac Lake, NY 12983
7,560 SqFt
Key Details
Sold Price $515,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 7,560 sqft
Price per Sqft $68
MLS Listing ID 169259
Sold Date 03/22/21
Year Built 1940
Annual Tax Amount $12,278
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Business
Source Adirondack-Champlain Valley MLS
Property Description
Great investment opportunity with positive cash flow and great rental history. Located in the growing resort community of Saranac Lake, only 10 minutes from the established Olympic town of Lake Placid. This 18-unit apartment complex has room for expansion or potential for vacation rentals.
Location
State NY
County Essex
Zoning Mixed
Direction From Route 86, turn onto Will Rogers Drive near Aldi's. Top of hill on left.
Rooms
Basement Unfinished
Interior
Heating Hot Water, Oil
Cooling None
Appliance Oil Water Heater
Exterior
Parking Features Off Street
Utilities Available Cable Available, Internet Available, Sewer Connected, Water Connected
Roof Type Composition
Street Surface Paved
Road Frontage Public
Building
Lot Description Cleared, Paved
Foundation Concrete Perimeter
Structure Type Asbestos,Frame
Schools
School District Saranac Lake
Others
Senior Community No
Tax ID 32.296-3-3.000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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