Country Homes Realty
Presented by the Lake Placid Office
Inventory CO0138 - Temporarily Off Market
7- UNIT APARTMENT BUILDING
This commercial property is located just off Route 86 and is currently 100% occupied.
Gross income $38K/yr with apartment #1 renting for $525, #2 for $500, #3 for $450, #4 for $425, #5 for $425, #6 for $390 and #7 for $465. Approximate expenses include: utility cost of $6,600/yr, insurance at $1,690/yr. and taxes running $2,613/yr.
Very nice 7 unit apartment building in excellent condition. New roof, new paint, six new kitchens and six new baths, nice carpet, coin operated washer & dryer, 2 stall garage, and even an old "cure" cottage with nice interior woodworking. Both town water & sewer and approximately .18 acre with 148' +/- road frontage on Park Ave.
Offered at $379,000! (agent owned)
Contact your ACHR Agent for more information
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