NOT LISTED FOR SALE

43 Riverside Dr Saranac Lake, NY 12983

7 Beds
-- Bath
5,000 Sq Ft
10,019 Sq Ft Lot

Last Sold March 19, 2013

Last sale price $315,000 $63 Per Sq Ft

Highlights

  • Lake Front
  • Fireplace
  • Attached Garage
  • Wood Frame Window
  • Porch
  • French Doors

About This Home

As of March 2013

Income, History and Waterfront! This property will pay YOU to live on Lake Flower! Historic home housing 6 very desirable apartments with great rental history. Located right on the shores of Lake Flower; the possibilities are endless... the owner also rents dock space and offers a coin operated washer & dryer. Tenants pay their own heat and electric. Building uses approx 1055 gallons per year of oil for common areas.Would also make great B&B&Boat/stay.

Last Agent to Sell the Property

Brian Draper

Say Real Estate License #40DR1170094 Listed on: 07/24/2012

Last Buyer's Agent

Brian Draper

Say Real Estate License #40DR1170094 Listed on: 07/24/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,623

Year Built

  • Built in 1930

Lot Details

  • 10,019 Sq Ft Lot
  • Lake Front

Property Views

  • Lake
  • Mountain

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Frame Window
  • French Doors

Kitchen

  • Electric Oven
  • Electric Range

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Attached Garage
  • 6 Open Parking Spaces

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Gross Income $55,320
  • Net Operating Income $33,200

Listing and Financial Details

  • Assessor Parcel Number 458.30-2-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,623

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: .23
  • Road Frontage Type: Public
  • Water Body Name: Lake Flower
  • Subdivision Name: None
  • Directions: Turn onto Riverside Dr from Kiwassa Rd. House is on the left.
  • Garage Yn: Yes
  • Structure Type: Up & Down
  • Year Built: 1930
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Exterior Entry, Full
  • Door Features: French Doors
  • Fireplace: Yes
  • Interior Amenities: Apartment, Ceiling Fan(s)
  • Window Features: Wood Frames
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Full Basement: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Apartment2: Yes

Exterior Features

  • View: Lake, Mountain(s)
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch
  • Roof: Metal
  • Construction Materials:Wood Siding: Yes
  • Window Features:Wood Frames: Yes
  • Waterfront Features:Lake2: Yes
  • Patio And Porch Features:Porch: Yes
  • Door Features:French Doors: Yes

Garage/Parking

  • Attached Garage: Yes
  • Open Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Cable Available, Internet Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Oil: Yes
  • Heating:Hot Water2: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 458.30-2-13
  • Zoning: Mixed
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Annual Gross Income: 55320.0
  • Insurance Expense: 3670.0
  • Property Net Operating Income: 33200.0
  • Number Of Units Leased: 6
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 9622.81

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Off Market $315,000 -- --
03/19/2013 03/19/13 Sold $315,000 -21.1% $63 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $399,000 -- $80 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brian Draper

    Say Real Estate

    (518) 524-9803

    23 in this area

    66 Total Sales

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 143692

New York Franklin County Saranac Lake 12983

43 Riverside Dr, Saranac Lake, NY

This home is located at 43 Riverside Dr, Saranac Lake, NY 12983 since 24 July 2012. This property was built in 1930. 43 Riverside Dr is a home located in Franklin County with nearby schools including Saranac Lake Senior High School, Northern Lights School, and St. Bernard's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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