NOT LISTED FOR SALE
8 Beds
8 Baths
5,475 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: September 1, 2016

Last sale price $540,000 $99 Per Sq Ft

Highlights

  • Neighborhood Views
  • Double Pane Windows
  • Baseboard Heating
  • Porch
  • Home Security System

About This Home

As of September 2016

Excellent investment opportunity. 13 apartments all currently rented. All by 2 have been renovated; 2 are under rented. E-flow toilets in all the units, new roof & new siding. New electrical throughout. Fire alarm system in common areas and all apartments. Additional building on property offers many possibilities. Almost all windows have been replaced and most of the flooring is snap flooring. Most appliances still under warranty. Mix of 1 Bedroom & Studio apartments. Additional units rental rates can be found in agent remarks.

Last Agent to Sell the Property

Garrett Hemingway

Century 21 The One Listed on: 06/24/2016

Last Buyer's Agent

Garrett Hemingway

Century 21 The One Listed on: 06/24/2016

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,675

Year Built

  • Built in 1937

Lot Details

  • 6,098

Parking

  • Parking Deck

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 5,475 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Neighborhood Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Porch
  • Lot Dimensions are 60x108

Community Details

  • Gross Income $102,000
  • Net Operating Income $75,057

Listing and Financial Details

  • Assessor Parcel Number 207.15-6-12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,675

Year Built

Built in 1937

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size: 60x108
  • Road Frontage Type: Public
  • Water Body Name: None
  • Subdivision Name: None
  • Directions: Head North on Oak Street; building is on the left. See sign.
  • Garage Yn: Yes
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished
  • Window Features: Double Pane Windows, Vinyl Clad Windows
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Roof: Composition
  • Window Features:Double Pane Windows: Yes
  • Window Features:Vinyl Clad Windows: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deck
  • Parking Features:Deck: Yes

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Other
  • Utilities: Internet Available, Natural Gas Not Available, Sewer Connected, Water Connected
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Fee Information

  • Trash Expense: 1848.0

Schools

  • Junior High Dist: Plattsburgh

Lot Info

  • Parcel #: 207.15-6-12
  • Zoning: Commercial

Multi Family

  • Annual Gross Income: 102000.0
  • Insurance Expense: 5000.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 75057.0
  • Number Of Units Leased: 13
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 12675.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 1, 2016
Sold by
Bought by
Seller's Agent
Garrett Hemingway
Century 21 The One
Buyer's Agent
Garrett Hemingway
Century 21 The One
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 Jessica Miller
$175,000 Evan Bracy
$150,000 --
$185,500 Evan Bracy
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $590,000
Previous Owner $180,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/12/2023 08/12/23 Off Market $540,000 -- --
09/01/2016 09/01/16 Sold $540,000 -1.8% $99 / Sq Ft
06/24/2016 06/24/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $550,000 -- $100 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,721 $585,000 $27,000 $558,000
2024 $17,632 $585,000 $27,000 $558,000
2023 $14,669 $585,000 $27,000 $558,000
2022 $20,016 $513,000 $27,000 $486,000
2021 $20,552 $513,000 $27,000 $486,000
2020 $21,247 $513,000 $27,000 $486,000
2019 $9,307 $513,000 $27,000 $486,000
2018 $21,187 $513,000 $37,400 $475,600
2017 $9,212 $513,000 $37,400 $475,600
2016 $12,923 $325,000 $37,400 $287,600
2015 -- $325,000 $37,400 $287,600
Source: Public Records

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 156871

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