$370,000
$405,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
815 State Route 86 Gabriels, NY 12939
3,248 SqFt
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $113
MLS Listing ID 203710
Sold Date 05/20/25
Style Old Style
Construction Status Updated/Remodeled
Year Built 1945
Annual Tax Amount $3,500
Lot Size 3.350 Acres
Acres 3.35
Property Sub-Type Quadruplex
Source Adirondack-Champlain Valley MLS
Property Description
Nicely maintained 4 unit apartment building outside of Saranac Lake. 3- 1 bedroom apartments and 1- 2 bedroom. Strong rental income and history with minimal expenses. 3 miles to Paul Smiths college, 7 miles to town.
Property grosses $46,800 a year
Owner is a Licensed Real Estate Agent
Location
State NY
County Franklin
Direction heading towards Paul smiths on route 86, house in on the right just after the Brighton mini mart
Rooms
Basement Block, Crawl Space, Exterior Entry, No Inside Entry
Interior
Interior Features Apartment
Heating Electric
Cooling None
Flooring Carpet, Hardwood, Vinyl
Appliance Free-Standing Electric Range, Free-Standing Refrigerator, Water Heater
Laundry None
Exterior
Exterior Feature Garden, Storage
Parking Features Asphalt
Pool None
Utilities Available Electricity Connected
Roof Type Asphalt
Street Surface Paved
Porch Front Porch
Road Frontage County Road
Total Parking Spaces 9
Garage No
Building
Lot Description Back Yard
Story Two
Foundation Block, Stone
Sewer Engineered Septic
Water Well Dug
Architectural Style Old Style
Structure Type Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
School District Saranac Lake
Others
Senior Community No
Tax ID 397.1-1-9.200
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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