This 4 unit apartment building is well kept, turn key ready .The building was just recently renovated with a new roof, a new Adirondack style front porch, thermal pane windows, and new exterior paint. Each unit has beautiful hardwood floors and nice carpeting. The building is completely up to code, with separate 100 amp electric service for each apartment, and a 100 amp service for common area. Building is well insulated, features newer hot water heaters and laundry in basement. Tenants pay for electric heat in each unit, owner is responsible for electric in common area. Excellent investment opportunity, centrally located just few minute walk to Baker Mountain, Moody Pond, and town.
Off market
$360,600
502 Forest Hill Ave, Saranac Lake, NY 12983
--beds
0baths
2,763sqft
MultiFamily
Built in 1940
-- sqft lot
$360,600 Zestimate®
$131/sqft
$1,228 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Interior area
- Total interior livable area: 2,763 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 7,405 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Electric: Electric Meter Separate, Other
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Saranac Lake
Other
Other facts
- Water Heater: Electric
- Basement/Foundation: Exterior Entrance, Unfinished, Block, Full
- Garage/Carport: No Garage
- Appliances: Carbon Monoxide Detector, Smoke Detector
- Interior Features/Windows: Apartment, French Doors
- Exterior Features: Gravel Drive, Trees, Outdoor Lighting
- Type: Apartments
- Electric: Electric Meter Separate, Other
- Views: Residential
- Water/Sewer/Gas: Water Meter Master, Water Connected
- Exterior: Cedar, Wood Siding
- Roof: Composition