Skip To Content

551 Lake Avenue

Lake Luzerne, NY 12846
  • $549,900
  • STATUS: Active
  • MLS #: 202322429
$549,900
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1970
County:
Area:

School Information

Elementary School:
High School:
School District:

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.

Monthly Payment Calculator



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-04-19T14:03:13.067.
www.clear2closehomes.com/homes/142284095
Print Image

551 Lake Avenue Lake Luzerne, NY 12846

  • Price: $549,900
  • Status: Active
  • On Site: Days
  • MLS #: 202322429
0
Beds
0
Baths
0
½ Baths
3
Acres
1970
Built
County:
Warren
Area:
Warren
Elementary School:
Hadley-Luzerne
High School:
Hadley-Luzerne
School District:
Hadley Luzerne
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.
Exterior Features

Architectural Style Multiple Dwelling UnitHousekeeping Cottages Attached Garage YN No Construction Materials Frame Door Features Storm Door(s) Lot Features Road FrontageLevelLandscaped Other Structures Shed(s) Parking Features Off StreetStone Parking Area Parking Total 18 Patio And Porch Features PorchPressure Treated Deck Pool Features See RemarksIn Ground Roof Shingle Waterfront YN No

Interior Features

Basement Crawl SpaceExterior EntryFullSlab Cooling Window Unit(s) Cooling YN Yes Flooring CarpetLaminateLinoleum Heating Forced AirHot WaterPropane Tank Leased Heating YN Yes Interior Features Other

Property Features

Association YN No Current Use Apartment PlusInvestment Electric Circuit Breakers Land Lease YN No New Construction YN No Property Sub Type Multi Family Security Features Smoke Detector(s)Carbon Monoxide Detector(s) Sewer Septic Tank Special Listing Conditions Standard Water Source Public Zoning Commercial

Listing information © 2024 Global MLS.
Listing provided courtesy of Sean Rogge of Howard Hanna: .



© 2024 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2024-04-19T14:03:13.067.
 
https://bt-photos.global.ssl.fastly.net/capital/1280_boomver_1_202322429-2.jpg https://bt-photos.global.ssl.fastly.net/capital/1280_boomver_1_202322429-2.jpg https://bt-photos.global.ssl.fastly.net/capital/1280_boomver_1_202322429-2.jpg
Logo
Kellogg Team | Thomas P Moore
124 Denise Drive
Niskayuna NY, 12309