$385,000
$425,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
64 Shepard Saranac Lake, NY 12983
6,068 SqFt
Key Details
Sold Price $385,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,068 sqft
Price per Sqft $63
MLS Listing ID 179169
Sold Date 02/26/24
Year Built 1925
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Apartment
Source Adirondack-Champlain Valley MLS
Property Description
Don't miss out on this exceptional investment opportunity! Presenting a meticulously maintained 5-unit apartment building in Saranac Lake. This property boasts four spacious 1-bedroom apartments and a desirable 2-bedroom apartment, with partial mountain range and lake views. Not only does this building offer ample parking for residents, but it also provides the convenience of shared laundry facilities and a generously sized basement. The rental rates are attractive, and the property comes with established tenants, ensuring a steady income stream. Situated within walking distance of Lake Flower, Riverside Park, and the vibrant downtown Saranac Lake, this location is highly sought after. Whether you're an experienced investor or a newcomer to the market, this investment opportunity is too good to overlook. Take advantage of this excellent investment and secure your future in the thriving Saranac Lake real estate market.
Location
State NY
County Essex
Direction From River St. take Shepard Ave. Property is located on the right. 64 Shepard Ave.
Rooms
Basement Unfinished
Interior
Interior Features Apartment, High Speed Internet
Heating Oil
Cooling None
Window Features Double Pane Windows,Single Pane Windows,Skylight(s)
Appliance Dryer, Gas Range, Oil Water Heater, Refrigerator, Washer
Exterior
Exterior Feature Lighting
Parking Features No Garage
Utilities Available Internet Available, Sewer Connected, Water Connected
View Neighborhood
Roof Type Tile
Street Surface Dirt
Building
Foundation Stone
Structure Type Wood Siding
Schools
School District Saranac Lake
Others
Senior Community No
Tax ID 32.198-1-27.000
Special Listing Condition Standard
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