$270,000
Salem, NY 12865
MLS# 202120302
Status: Closed
7 beds
1 / 35
Property Description
Great investor opportunity in the Historic Hamlet of Salem. This multi-use property offers 3 separate buildings with a total of 6 rental units. The front building has 1 commercial office space (on the 1st floor) & 3 apartments- 1 on 1st flr-1 bed, 1 bath; 2 on 2nd floor-both 2 bed, 1 bath. The rear building has a studio apartment up and down with one bathroom in each unit. All units have had some updating done. The detached 2 car garage is used by the tenant who takes care of lawn/snow removal. All units are rented. Unit 4 has been recently updated with new flooring, paint & tub surround.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Multi Family
Original List Price: 279000
Sold Price: $270,000
Current Price: $270,000
Listing Contract Date: 2021-06-05
List Price/SqFt: 63.7
Location
Street Number: 214
Street Name: MAIN
Street Suffix: Street
County: Washington
State/Province: NY
Postal Code: 12865
City/Town (Mail): Salem
Geo Lat: 43.173901
Geo Lon: -73.327374
Property Detail
Number Of Units Total: 6
Rooms Total: 16
Bedrooms Total: 7
Bathrooms Full: 5
Bathrooms Half: 1
Year Built: 1900
Garage Spaces: 2
Above Grade Finished Area: 4380
Above Grade Finished Area Source: CRS
Living Area: 4380
Lot Size Dimensions: 56X192
Lot Size Acres: 0.25
Main Road Frontage: 56
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2022-10-31
Under Contract Date: 2022-06-06
Sold Date: 2022-10-28
Sold Price: $270,000
Sold Price/SqFt: 61.64
Financial Details
Full Market Assessment: 186379
Tax Assessed Value: 108100
General Taxes: 2920
General Taxes Description: Estimated
School Taxes: 3022
School Taxes Description: Estimated
Special Listing Conditions
SeniorCommunity Y/N: No
Income And Expenses
Rental Income: 52200
Rental Income Description: Estimated
Total Income: 52200
Total Income Description: Estimated
Electric Expense Description: Estimated
Gas Expense Description: None
Insurance Expense Description: Estimated
Oil Expense Description: Estimated
Water Sewer Expense Desc.: Estimated
Parking Features
Parking Total: 6
Unit Information
Number Of Dryers: 1
Number Of Refrigerators: 5
Number Of Stoves: 5
Number Of Washers: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Flr
Unit Available MF Unit 1: No
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 650
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: Month To Month
Total Rooms MF Unit 1: 1
Total Half Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Flr
Unit Available MF Unit 2: No
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1000
Rent Desc. MF Unit 2: Actual
Lease Term MF Unit 2: 12 Months
Total Rooms MF Unit 2: 5
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st Flr
Unit Available MF Unit 3: No
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 600
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd Flr
Unit Available MF Unit 4: No
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 800
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1st Flr
Unit Available MF Unit 5: No
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 700
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 2
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2nd Flr
Unit Available MF Unit 6: No
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 600
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: Month To Month
Total Rooms MF Unit 6: 2
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Property Features
Architectural Style: Apartment 4 Plus Unit
Attic Features: Hatch
Basement: Bilco Doors; Crawl Space; Exterior Entry; Full; Interior Entry; Partial; Unfinished
Construction Materials: Vinyl Siding; Wood Siding
Cooling: Window Unit(s)
Exterior Features: Other
Flooring: Carpet; Hardwood; Vinyl; Wood
Heating: Baseboard; Electric; Hot Water; Oil
Lot Features: Level; Road Frontage
Other Structures: Garage(s)
Parking Features: Detached; Driveway; Garage; Off Street; Right of Way Driveway; Stone; Storage
Patio And Porch Features: Pressure Treated Deck
Possession: At Closing
Roof: Asphalt; Slate
Security Features: Smoke Detector(s)
Separate Utilities: Not Separated
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied
Tenant Pays: Cable TV; Electricity; Gas; Internet
Water Source: Public
Unit 1 Includes: Half Bath
Unit 1 Owner Furnish Features: Electricity; Heat; Maintenance Grounds; Oil; Snow Removal; Water
Unit 2 Owner Furnish Features: Heat; Maintenance Grounds; Oil; Snow Removal; Water
Unit 2 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Owner Furnish Features: Heat; Maintenance Grounds; Oil; Snow Removal; Water
Unit 3 Includes: Bathroom; Dryer Hookup; Kitchen; Living Room; Refrigerator; Stove; Washer Hookup
Unit 4 Owner Furnish Features: Maintenance Grounds; Snow Removal; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 5 Owner Furnish Features: Electricity; Heat; Maintenance Grounds; Oil; Snow Removal; Water
Unit 5 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 6 Owner Furnish Features: Electricity; Heat; Maintenance Grounds; Oil; Snow Removal; Water
Unit 6 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Disclosures 
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Debra Lee Cartier
518-321-3127 |
518-321-3127 |
