$300,000
Moreau, NY 12803
MLS# 181059
Status: Closed

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Property Description
Property consists of 5 Tax Map Parcels = 5.61 Acres - Zoned Commercial; Property includes 289' road frontage on Jacobie Rd., which would be the ideal location for access and egress from the property with possible future development.Frontage on State Route 9 begins at Jacobie Road and ends one parcel shy of Merritt Road with 776' on State Route 9. Power & Gas at Road. Existing improvements - brick farmhouse configured as a 2 family home. The downstairs apartment is rented month to month. A second 2 family home is located beyond the farmhouse and has two one bedroom apartments rented month to month. A large barn with 2 garage bays and room for storage on the second floor. Current income = $1,545./per month with 3 of 4 units rented.
Details
Maps
Contract Information
Original List Price: 325000
List Price/SqFt: 116.32
Status: Closed
Property Sub Type: Multi Family
Sold Price: $300,000
Current Price: $300,000
Listing Contract Date: 2018-04-08
Location
Unit Number: 1687-1701
City/Town (Mail): South Glens Falls
Street Number: 1693
Street Name: US 9
County: Saratoga
State/Province: NY
Postal Code: 12803
Geo Lat: 43.278535
Geo Lon: -73.64583
Property Detail
Number Of Units Total: 4
Above Grade Finished Area: 2794
Living Area: 2794
Zoning: Commercial
Deed Restrictions: Yes
Lot Size Dimensions: 776 x 350 x 455 x 289
Lot Size Acres: 5.61
Enhanced Accessible Y/N: No
Year Built: 1878
Status Change Info
Sold Price/SqFt: 107.37
Under Contract Date: 2018-05-04
Sold Date: 2018-07-23
Sold Price: $300,000
Parcel, Tax, HOA
Tax Annual Amount: 10420
Tax Section: 49.60
Tax Block: 1
Tax Lot: 38,37,39,4
Elementary School: Tanglewood
High School: South Glens Falls
Association Y/N: No
Directions & Remarks
Directions: Northway (I-87) Exit 17N - proceed 3.6 miles, property will be on your Left -or-from Glens Falls take Route 9S South for 2.5 miles - the property will be on your Right.
Public Remarks: Property consists of 5 Tax Map Parcels = 5.61 Acres - Zoned Commercial; Property includes 289' road frontage on Jacobie Rd., which would be the ideal location for access and egress from the property with possible future development.Frontage on State Route 9 begins at Jacobie Road and ends one parcel shy of Merritt Road with 776' on State Route 9. Power & Gas at Road. Existing improvements - brick farmhouse configured as a 2 family home. The downstairs apartment is rented month to month. A second 2 family home is located beyond the farmhouse and has two one bedroom apartments rented month to month. A large barn with 2 garage bays and room for storage on the second floor. Current income = $1,545./per month with 3 of 4 units rented.
Financial Details
Full Market Assessment: 558000
Showing Requirements
Sign on Property: 1
Waterfront Features
None: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: First Fl
Unit 1 Includes
Dryer Hookup: 1
Fireplace: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Washer Hookup: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Second F
Unit 2 Includes
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st Fl.-
Monthly Rent MF Unit 3: 2
Unit 3 Includes
Kitchen: 1
Living Room: 1
Refrigerator: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd Fl.-
Unit 4 Includes
Kitchen: 1
Refrigerator: 1
Stove: 1
Property Features
Showing Requirements: Sign on Property
Waterfront Features: None
Unit 1 Includes: Dryer Hookup; Fireplace; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 2 Includes: Kitchen; Living Room; Refrigerator; Stove
Unit 3 Includes: Kitchen; Living Room; Refrigerator
Unit 4 Includes: Kitchen; Refrigerator; Stove
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Dennis R Brower
518-744-4241 | Dennis.Brower@CBPP.com
518-744-4241 | Dennis.Brower@CBPP.com

