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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 Berkshire Hathaway Homeservice, Nancy White

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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