Jack Yao
Realmart Realty, LLC
(732) 838-6992
1,397 Total Sales
2 in Saranac Lake
$165K - $219K Price Range
64 Shepard Ave Saranac Lake, NY 12983
Saranac Lake Area
7
Beds
5
Baths
6,068
Sq Ft
0.3
Acre Lot
Highlights
- Neighborhood Views
- Double Pane Windows
- Wood Siding
- Skylights
- High Speed Internet
- Heating System Uses Oil
About This Home
As of February 2024Don't miss out on this exceptional investment opportunity! Presenting a meticulously maintained 5-unit apartment building in Saranac Lake. This property boasts four spacious 1-bedroom apartments and a desirable 2-bedroom apartment, with partial mountain range and lake views. Not only does this building offer ample parking for residents, but it also provides the convenience of shared laundry facilities and a generously sized basement. The rental rates are attractive, and the property comes with established tenants, ensuring a steady income stream. Situated within walking distance of Lake Flower, Riverside Park, and the vibrant downtown Saranac Lake, this location is highly sought after. Whether you're an experienced investor or a newcomer to the market, this investment opportunity is too good to overlook. Take advantage of this excellent investment and secure your future in the thriving Saranac Lake real estate market.
Last Agent to Sell the Property
Merrill L. Thomas, Inc. License #10401313056 Listed on: 06/30/2023
Last Buyer's Agent
Merrill L. Thomas, Inc. License #10401313056 Listed on: 06/30/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 13,068 Sq Ft Lot
- Dirt Road
Home Design
- Stone Foundation
- Tile Roof
- Wood Siding
Interior Spaces
- 6,068 Sq Ft Home
- Skylights
- Double Pane Windows
- Neighborhood Views
- Gas Range
- Unfinished Basement
Laundry
- Dryer
- Washer
Parking
- No Garage
- 5 Open Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- No Cooling
- Heating System Uses Oil
- 200+ Amp Service
- Oil Water Heater
- High Speed Internet
- Internet Available
Community Details
- 1 Separate Gas Meter
Listing and Financial Details
- Assessor Parcel Number 32.198-1-27.000
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 30, 2023
Closed on
Jan 23, 2024
Sold by
Bought by
Seller's Agent
Kelsey Cassidy
Merrill L. Thomas, Inc.
Buyer's Agent
Kelsey Cassidy
Merrill L. Thomas, Inc.
List Price
$525,000
Sold Price
$385,000
Premium/Discount to List
-$140,000
-26.67%
Views
159
Purchase Details
Closed on
Sep 1, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Saranac Lake, NY
-
Jack Yao
-
Kira Witherwax
Kira Witherwax
Responds QuicklyREMAX North Country
(518) 802-4206
183 Total Sales
1 in Saranac Lake
$205,000 Price
-
Ron Deragon
Ron Deragon
Reliable Realty NNY
(518) 802-4096
59 Total Sales
1 in Saranac Lake
$292,500 Price
-
Jodi Gunther
Jodi Gunther
Adirondack Premier Properties Berkshire Hathaway HomeService
(518) 302-2352
86 Total Sales
17 in Saranac Lake
$75K - $640K Price Range
-
David Trahey
David Trahey
The Reynolds Group of Lake Placid, LLC
(518) 302-2972
38 Total Sales
7 in Saranac Lake
$140K - $435K Price Range
-
Chase Jermano
Chase Jermano
Tina Leonard Real Estate, LLC
(518) 241-4524
79 Total Sales
13 in Saranac Lake
$113K - $660K Price Range
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 |
|---|---|---|---|
| $385,000 | None Available | ||
| $25,000 | Janet H Bliss |
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 |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $385,000 | -9.4% | $63 / Sq Ft |
| 10/10/2023 10/10/23 | Price Changed | $425,000 | -19.0% | $70 / Sq Ft |
| 06/30/2023 06/30/23 | For Sale | $525,000 | -- | $87 / Sq Ft |
| 06/30/2023 06/30/23 | Pending | -- | -- | -- |
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 | $8,370 | $388,600 | $104,100 | $284,500 |
| 2024 | $8,427 | $377,300 | $100,100 | $277,200 |
| 2023 | -- | $291,500 | $96,300 | $195,200 |
| 2022 | $0 | $275,000 | $87,500 | $187,500 |
| 2020 | -- | $266,700 | $87,500 | $179,200 |
| 2019 | -- | $266,700 | $87,500 | $179,200 |
| 2018 | -- | $266,700 | $87,500 | $179,200 |
| 2017 | -- | $143,200 | $42,000 | $101,200 |
| 2016 | $0 | $143,200 | $42,000 | $101,200 |
| 2015 | -- | $143,200 | $42,000 | $101,200 |
| 2014 | -- | $143,200 | $42,000 | $101,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kelsey Cassidy
Seller's Agent in 2024
Kelsey Cassidy
Merrill L. Thomas, Inc.
(518) 524-7373
48 Total Sales
-
Blythe Niles-Linster
B
Buyer Co-Listing Agent in 2024
Blythe Niles-Linster
Engel & Volkers Lake Placid Real Estate
(914) 588-1316
87 Total Sales
Map
Source: Adirondack-Champlain Valley MLS
MLS Number: 179169
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