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Listing 6 out of 100
$285,000 For Sale
1081 Springfield Road
Wilmington, NY 12997
Multi Family Home
1.7 acre lot - MLS# 159027
Property Photo
1/17

Description

This is an excellent investment opportunity to purchase this five unit apartment home and to increase rents to current market rents for an annual in excess of $40, 000 There is a large backyard, level with woods on the perimeter, very private, and many of the units have decks. There are two separate areas for ample parking of over 8 cars. Tenants pay their own utilities, and all apartments are on a month to month lease. The seller has allowed below market rents for the tenants that have remained for many years which can be increased with a months notice. Outdoor storage shed for lawn equipment.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • Listing Price: $285,000
  • County/Area: Essex County
  • Zip Code: 12997
  • Year Built: 1991
  • School District: Lake Placid
  • Sq.Ft.: 4,800 sq ft
  • Basement: Unfinished
  • Garage: No Garage
  • Acres: 1.7 acre lot
  • View: Residential, Wooded
  • Zoning: Residential
  • Appliances: Carbon Monoxide Detector, Range/Oven-Electric, Refrigerator, Smoke Detector
  • Building Type: Apartments
  • Electric: 200 Amps
  • Exterior: Wood
  • Exterior Features: Barn/Shed, Deck, Dirt Drive, Outdoor Lighting, Storage Shed, Trees
  • Heating: Electric Baseboard, Oil/Hot Water, Wood Stove
  • Interior Features/Windows: Apartment, Cable TV, Fireplace, Free Standing Stove, Internet Available, Thermal Pane, Wood
  • Lot Dimensions: 1.70
  • Roof: Composition Shingle
  • Township: Wilmington
  • Water Heater: Electric
  • Water/Sewer/Gas: Well Drilled, Septic
Courtesy of Adirondack Premier Properties, Inc., Nancy White
© 2017 Adirondack-Champlain Vally MLS All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Say Rentals are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2017-07-26.

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Carl "CJ" Hagmann

Say Rentals
Say Real Estate
518-524-6363
19 Church St.
Saranac Lake, NY 12983
sayrentals@yahoo.com
Long Term and Vacation Rentals

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Carl "CJ" Hagmann   |   518-524-6363   |   Email Us
Say Rentals   |   Say Real Estate   |   19 Church St., Saranac Lake, NY 12983
Long Term and Vacation Rentals