551 Lake Avenue Lake Luzerne NY 12846 MLS #202322429

551 Lake Avenue
Lake Luzerne, NY, 12846
$549,900
Beds
0 Baths
SqFt
3 Acres
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.

Property Details

Price:
$549,900
MLS #:
202322429
Status:
Active
Beds:
0
Baths:
0
Address:
551 Lake Avenue
Type:
Commercial
Subtype:
Multi Family
City:
Lake Luzerne
Listed Date:
Aug 9, 2023
State:
NY
ZIP:
12846
Lot Size:
3 acres
Year Built:
1970
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disclosure
Courtesy of Howard Hanna. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Global MLS. Detailed information about real estate listings held by brokerage firms other than Canaan Realty include the name of the listing broker. Neither the listing company nor Canaan Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Global MLS. All rights reserved.
Rover IDX
551 Lake Avenue
Lake Luzerne, NY

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Allen T. Olmsted

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Schools

School District:
Hadley Luzerne
Elementary School:
Hadley-Luzerne
High School:
Hadley-Luzerne

Interior

Cooling
Window Unit(s)
Flooring
Carpet, Laminate, Linoleum
Heating
Forced Air, Hot Water, Propane Tank Leased

Exterior

Architectural Style
Multiple Dwelling Unit, Housekeeping Cottages
Construction Materials
Frame
Other Structures
Shed(s)
Parking Features
Off Street, Stone Parking Area
Roof
Shingle

Financial

Buyer Agent Compensation
2.50%
Taxes
$6,497

Map

Community

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