1047 CONGRESS Street, Schenectady, NY 12303 (MLS# 201132033)


$92,900
1047 CONGRESS Street
Schenectady, NY 12303
MLS# 201132033
Status: Closed
2400 sqft


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Property Description
Well established neighborhood bar & grill has a money maker for decades - Turnkey operation includes the real estate, fixtures and business - No bank financing required - Seller will hold the mortgage for qualified buyer at 6% for 7 years with $15,000 down - The right combination of food & drinks should enable the right person to net over $100,000 per year - New Roof & Central AC in 2000 - Property includes two car garage - Since the sale price is less than the $120,000 assessed value, taxes can be reduced.

Details
Maps
Contract Information
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 99900
Sold Price: $92,900
Offered Lease/Sqft: 38.71
Listing Contract Date: 2011-12-01
Current Price: $92,900
List Price/SqFt: 38.71
Sold Price/SqFt: 38.71
Location
Street Number: 1047
Street Name: CONGRESS
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12303
City/Town (Mail): Schenectady
Subdivision: Mont Pleasant
Geo Lat: 42.79672
Geo Lon: -73.952105
Property Detail
Year Built: 1965
Stories: 1
Lot Size Square Feet: 3990
Zoning: Commercial
Lot Size Dimensions: 39.9' x 100'
Building Area Total: 2400
Building Available SQFT: 2400
Main Road Frontage: 40
Enhanced Accessible Y/N: No
Documents Available
Documents Available (Legacy): Tax Map & LandMaxData
Financial Details
General Taxes: 2315
General Taxes Description: Actual
School Taxes: 2374
School Taxes Description: Actual
Seller Financing: Yes
Seller Financing Description: $15,000 Down
Cooling
Air Conditioning (Legacy): CAC
Construction Materials
Construction Materials (Legacy): Vinyl
Possession
Possession (Legacy): Closing
Special Listing Conditions
Ownership: No Special Conditions
Heating
Heat Systems (Legacy): Gas HA
Income And Expenses
Mortgage Type: Seller Financing @ 6%
Parking Features
Parking Total: 2
Status Change Info
Status Change Date: 2014-05-31
Under Contract Date: 2013-01-26
Sold Date: 2014-05-30
Sold Price: $92,900
Property Features
Parking Features: Off Street; On Street; Private
Possible Use: Restaurant; Tavern; Other; See Remarks
Showing Requirements: Key
Special Listing Conditions: Standard

IDX
Listing Courtesy of Ron DiDonna Real Estate & Appraisals
Listing Agent: Ronald J DiDonna
518-915-2251 | rondidonna1969@gmail.com
Source MLS Verified

Information deemed reliable but not guaranteed.