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  • $455,000

    273 Ampersand Ave, Saranac Lake, NY 12983

    --beds
    0baths
    3,478sqft
    Quadruplex
    Built in 1987
    -- sqft lot
    $500,300 Zestimate®
    $131/sqft
    $1,263 Estimated rent

    What's special

    Welcome to a unique investment opportunity in Saranac Lake! This impeccably maintained quadplex offers four distinct townhome-style units. Each unit features fully equipped kitchens, two spacious bedrooms, providing residents with the utmost comfort and convenience. The property's ideal location allows for easy access to downtown Saranac Lake, the Saranac Lake Civic Center, schools, and parks, ensuring that residents have all the essentials right at their doorstep. Built to endure, this quadplex boasts a sturdy metal roof and low-maintenance aluminum siding, promising long-term durability and minimal upkeep. The convenience of on-site parking, including four carports, adds to the property's appeal, offering residents and guests hassle-free parking options. In addition to the well-designed living spaces, the property features an unfinished basement with washer/dryers, providing valuable storage space for residents and accommodating various needs. From a financial perspective, this quadplex presents a lucrative opportunity. With the potential to generate a substantial monthly income of $4,000 or more. What sets this opportunity apart is the fact that all units are currently vacant, providing a fresh start for investors. Whether you're looking to establish a steady rental income or explore creative possibilities for the space, this property offers endless potential.

    Zillow last checked: 7 hours ago

    Listing updated: August 30, 2024 at 09:25pm

    Listed by:

    Kelsey Cassidy,

    Merrill L. Thomas, Inc.

    Bought with:

    Matthew Szeliga, 10371201323

    Mountain Run Realty

    Source: ACVMLS,MLS#: 200742MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Propane
    Cooling
    • None
    Appliances
    • Included: Dryer, Electric Range, Electric Water Heater, Refrigerator, Water Heater
    • Laundry: Lower Level
    Features
    • Flooring: Carpet, Linoleum
    • Basement: Block,Concrete
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,478
    • Total interior livable area: 3,478 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    • Carport spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Features: Few Trees, Front Yard
    Details
    • Parcel number: 446.6738
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    Materials
    • Aluminum Siding, Block, Concrete
    • Foundation: Block
    • Roof: Metal
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Sewer Connected, Water Connected, Propane, Separate Water Heater(s)

    Community & neighborhood

    Location
    • Region: Saranac Lake
    • Subdivision: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Road surface type: Dirt
    Services availability