21 S MELCHER Street, Johnstown, NY 12095 (MLS# 202017385)

Original List Price: 350000

Offered Lease/Sqft: 51.77

List Price/SqFt: 55.75

Sold Price/SqFt: 51.77

Status: Closed

Property Sub Type: Mixed Use

Sold Price: $325,000

Listing Contract Date: 2020-05-08

Current Price: $325,000

City/Town (Mail): Johnstown

Cross Street: 23-25 South Melcher St

Street Number: 21

Street Direction Prefix: S

Street Name: MELCHER

Street Suffix: Street

County: Fulton

State/Province: NY

Postal Code: 12095

Geo Lat: 43.004981

Geo Lon: -74.375861

Stories: 2

Number Of Buildings: 2

Lot Size Dimensions: 0.21

Building Area Total: 6278

Building Available SQFT: 6278

Waterfront Y/N: No

Enhanced Accessible Y/N: No

Land Lease Y/N: No

Year Built: 1980

Bathrooms Total: 8

Parcel Number: 170800 174.7-14-12, 13, 14

Tax Annual Amount: 7103

Tax Section: 174.7

Total Taxes Description: Actual

Tax Block: 14

Tax Lot: 12, 13, 14

Tax Section See Remarks: Yes

School District: Johnstown

Association Y/N: No

Directions: Turn Left off main street, property will be on the right hand side.

Public Remarks: CALLING ALL INVESTORS! 8 UNITS-FULLY RENTED WITH LONG TERM TENANTS AND ROOM TO GROW ON RENT! ALL UNITS HAVE SEPARATE UTILITIES AND HAVE BEEN WELL MAINTAINED. These buildings will pay for themselves in less than 6 years. Properties come with extra parcel that could be used for additional off street parking. This is the diamond in the rough you have been looking for as an investor, these properties are making money and well maintained. Taxes on 21 South Melcher St are $3,157 With NO EXEMPTIONS and taxes 23-25 South Melcher St $3,946 With NO EXEMPTIONS (total for both buildings $7,103). SBL Tax ID's for all three parcels are as follows 174.7-14-12, 174.7-14-13 and 174.7-14-14. Pre-approved buyers to view only and/or Proof of funds required. Do not let this great opportunity pass you by.

Public Sewer: 1

Carpeting: 1

Apartments: 1

Full: 1

Unfinished: 1

Office Available SQFT: 0

Retail Available SQFT: 0

Warehouse Available SQFT: 0

Possession (Legacy): at closing.

Lockbox: 1

Restricted Days: 1

Restricted Hours: 1

Sign on Property: 1

Ownership: No Special Conditions

Standard: 1

Asphalt: 1

Public: 1

None: 1

Forced Air: 1

Natural Gas: 1

Gross Income: 61,800

Gross Income Description: Actual

Parking Total: 10

Gravel: 1

Private: 1

None: 1

Apartment Plus: 1

Cable TV: 1

Electricity: 1

Heat: 1

Internet: 1

Status Change Date: 2020-07-31

Under Contract Date: 2020-06-22

Sold Date: 2020-07-31

Sold Price: $325,000