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5 Unit Village Home Saranac Ave

$ 575,000
2254 Saranac Ave, , ,
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Pending

Brooks H. Reynolds

Phone:(518) 418-7747
Email:brooks@adirondackbroker.com

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Property Description

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.

Address: 2254 Saranac Ave
State/County:
Zip: 12946
Country: United States
Property Id: 22526
Price: $ 575,000
Sq. Footage: 3,200 ft2
Bedrooms: 0
Bathrooms: 0
Type: Village Home converted into an apartment complex
Year Built: 1959
Acreage: 0.2
School District: Lake Placid
Septic/Sewer: Sewer
Water Source: Municipal
Roof: Asphalt
Units: 5
High speed internet
Multiple heating systems
Refrigerator
Washer and dryer
Year round access

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