$75,000
Saratoga Springs, NY 12866
MLS# 201022868
Status: Closed
3582 sqft
1 / 10
Property Description
Who says you can't make the numbers work in this market... In the 1st year alone you'd be able to pay yourself back your initial cash investment (25% down payment) & more. This well kept 9 room motel is run by the owners of the Bed & Breakfast directly next-door also on the market (MLS# 201020443) as a single family residence. Approved for a Dog Kennel. Call listing broker for details...
Details
Maps
Contract Information
Original List Price: 175000
Offered Lease/Sqft: 20.94
List Price/SqFt: 48.86
Sold Price/SqFt: 20.94
List Price/Acres: 88832.49
Sold Price/Acres: 38071.07
Status: Closed
Property Sub Type: Hotel-Motel
Sold Price: $75,000
Listing Contract Date: 2010-06-22
Current Price: $75,000
Location
City/Town (Mail): Saratoga Springs
Street Number: 440
Street Name: CHURCH
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12866
Geo Lat: 43.088238
Geo Lon: -73.825253
Property Detail
Year Established: 1978
Stories: 1
Lot Size Square Feet: 85813
Zoning: Commercial
Lot Size Acres: 1.97
Building Area Total: 3582
Building Available SQFT: 3582
Main Road Frontage: 300
Enhanced Accessible Y/N: No
Year Built: 1978
Parcel, Tax, HOA
Parcel Number: 411589 164-0001-016
FIPS Code: 36091
Tax Annual Amount: 9100
Tax Section: 164
Total Taxes Description: Estimated
Tax Block: 0001
Tax Lot: 016
Association Y/N: No
Directions & Remarks
Directions: Broadway to Church, approx 2 miles on left
Public Remarks: Who says you can't make the numbers work in this market... In the 1st year alone you'd be able to pay yourself back your initial cash investment (25% down payment) & more. This well kept 9 room motel is run by the owners of the Bed & Breakfast directly next-door also on the market (MLS# 201020443) as a single family residence. Approved for a Dog Kennel. Call listing broker for details...
Electric
Amps (Legacy): 200
Financial Details
School Taxes: 5292
School Taxes Description: Estimated
Seller Financing: No
Building Detail
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Heating
Heat Systems (Legacy): HW/Baseboad/Rad
Income And Expenses
Gross Income: 60000
Electric Expense: 250
Electric Expense Description: Estimated
Gas Expense: 387
Insurance Expense: 2200
Manager Expense: 0
Real Estate Tax: 9000
Real Estate Tax Description: Estimated
Water Sewer Expense: 500
Water Sewer Expense Desc.: Estimated
Wages Expense: 0
Parking Features
Parking Total: 20
Private: 1
Possible Use
Hotel/Motel: 1
Status Change Info
Status Change Date: 2011-10-31
Under Contract Date: 2011-01-01
Sold Date: 2011-10-28
Sold Price: $75,000
Property Features
Parking Features: Private
Possible Use: Hotel/Motel
Listing Courtesy of Berkshire Hathaway Home Services Blake
Listing Agent: Charles Goodridge
518-584-0060 |
518-584-0060 |
