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Sold for $545,000 on 12/11/23
  • $545,000

    2254 Saranac Ave, Lake Placid, NY 12946

    --beds
    0baths
    3,200sqft
    Apartment
    Built in 1950
    -- sqft lot
    $652,600 Zestimate®
    $170/sqft
    $1,785 Estimated rent

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    What's special

    Unit Breakdown: 3 units are 1-bedroom apartments. 2 units are 2-bedroom apartments. Utilities: Each unit is metered separately. Property Condition: The building has been well-maintained over the years. Unit Features: Hardwood floors. Large windows for natural light. Some units have decks for outdoor living. Each unit has its own kitchen or kitchenette Each w Private bathroom Lot Size: 0.2 acres. Parking: 5 Parking Spots Available. Green Space: There is green space on the property. Location: Conveniently located within walking distance to Main Street. Rental Income: The combined rent for all units generates over $3,200 a month. Shared Space: The basement is shared and includes coin-operated laundry facility. Expenses: Details about expenses are available upon request. This property is a charming and well-maintained investment opportunity, particularly for those looking to generate rental income from multiple units in a convenient location. Specific expenses and other financial details available upon request. Tenants on month to month leases but Seller requesting three months notice for Tenants to find alternate living arrangements if the future purchaser has different plans for the property. SELLER REQUESTING PROOF OF FUNDS OR PREQUALIFICATION PRIOR TO SHOWING!

    Zillow last checked: 8 hours ago

    Listing updated: August 30, 2024 at 09:24pm

    Listed by:

    Brooks H. Reynolds,

    The Reynolds Group of Lake Placid, LLC

    Bought with:

    Brooks H. Reynolds, 10491209143

    The Reynolds Group of Lake Placid, LLC

    Source: ACVMLS,MLS#: 200737MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    • Laundry: In Basement
    Features
    • Apartment
    • Flooring: Hardwood
    • Basement: Unfinished
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,200
    • Total interior livable area: 3,200 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off Street, Open
    • Uncovered spaces: 5
    Features
    • Levels: Tri-Level
    • Patio & porch: Covered, Enclosed
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 8,712 sqft
    Details
    • Parcel number: 42.14152.000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Apartment
    Materials
    • Wood Siding
    • Roof: Asphalt
    Condition
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Internet Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Lake Placid
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Road surface type: Paved