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2807 Wilmington RD Lake Placid, NY 12946
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Key Details
Sold Price $340,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,454 sqft
Price per Sqft $138
MLS Listing ID 172458
Sold Date 10/22/21
Year Built 1980
Annual Tax Amount $2,210
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Apartment
Source Adirondack-Champlain Valley MLS
Property Description
This apartment building is exceptionally maintained at the east end of main street in a key travel corridor. It consist of one two bedroom and three one bedroom residential apartments. This property has the potential for great cash flow the day you purchase the property! Easy access to all Village amenities. A must see for the serious investor! All units separately metered. Three units are currently vacant ,they were getting between 550-650 per month for the units. Oil heat and Oil hot water average $250.00 per month. Tenants pay for the Electric , each unit has its own meter.
Location
State NY
County Essex
Zoning Commercial
Direction just past the red light heading towards Wilmington, House is the third house on the left. look for sign.
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Electric, Forced Air, Oil
Cooling None
Window Features Wood Frames
Appliance Electric Oven, Electric Range, Oil Water Heater, Refrigerator
Exterior
Exterior Feature None
Parking Features No Garage
Utilities Available Cable Available, Internet Available, Water Connected
View None
Roof Type Asphalt
Street Surface Gravel
Building
Foundation Stone
Structure Type Vinyl Siding
Schools
School District Lake Placid
Others
Senior Community No
Tax ID 42.224-1-6.000
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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