Bought with Sean Rogge • Howard Hanna
For more information regarding the value of a property, please contact us for a free consultation.
551 Lake Avenue Lake Luzerne, NY 12846
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $499,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202322429
Sold Date 09/25/24
HOA Y/N No
Originating Board Global MLS
Year Built 1970
Annual Tax Amount $6,497
Lot Size 3.000 Acres
Acres 3.0
Lot Dimensions 3 ac
Property Description
Investors take notice!
15 unit rental property with strong financials and value add potential. Located across from KOA campground, Bon's Ice cream & mini golf. Close to Hadley Luzerne CSD. Five buildings on 3 acres of level landscaped ground. Units consist of (4) 1Br apartments, (4) Studio apartments, (4) ''double'' motel rooms & (3) ''single'' motel rooms. All tenants are long term on month to month leases. Mechanicals recently replaced or maintained. Septics are newer. Roofs all new except garage building. Contact LA regarding rent roll & financial details.
Location
State NY
County Warren
Zoning Commercial
Direction Across from KOA in Lake Luzerne
Interior
Interior Features Other
Heating Forced Air, Hot Water, Propane Tank Leased
Flooring Carpet, Laminate, Linoleum
Exterior
Parking Features Off Street, Stone Parking Area
Pool In Ground, See Remarks
Roof Type Shingle
Porch Porch, Pressure Treated Deck
Building
Lot Description Road Frontage, Level, Landscaped
Sewer Septic Tank
Water Public
Architectural Style Multiple Dwelling Unit, Housekeeping Cottages
New Construction No
Schools
School District Hadley Luzerne
Others
Tax ID 292.15-1-12
Special Listing Condition Standard
Read Less
GET MORE INFORMATION
