$250,000
Cambridge, NY 12816
MLS# 25108392
Status: Closed
6800 sqft
1 / 5
Property Description
Nice 12 unit motel on busy RT 22 with owners living quarters. Rooms in excellent condition. Owner has to cut back do to health reasons. Good investment, easy to build more business.
Details
Maps
Contract Information
Original List Price: 289000
Offered Lease/Sqft: 36.76
List Price/SqFt: 42.5
Sold Price/SqFt: 36.76
List Price/Acres: 131363.64
Sold Price/Acres: 113636.36
Status: Closed
Property Sub Type: Hotel-Motel
Sold Price: $250,000
Listing Contract Date: 2005-05-16
Current Price: $250,000
Location
City/Town (Mail): Cambridge
Street Number: 58
Street Name: RT 22
County: Washington
State/Province: NY
Postal Code: 12816
Geo Lat: 43.0378
Geo Lon: -73.37751
Property Detail
Year Established: 1969
Stories: 1
Business Name: The Town House Motor Inn
Zoning: Commercial
Lot Size Acres: 2.2
Building Area Total: 6800
Building Available SQFT: 6800
Main Road Frontage: 245
Enhanced Accessible Y/N: No
Year Built: 1969
Parcel, Tax, HOA
Parcel Number: 532201 255.16-2-12
Tax Annual Amount: 6780
Tax Section: 255.16
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 12
Association Y/N: No
Directions & Remarks
Directions: Rte 22 North from Cambridge on right on edge of village
Public Remarks: Nice 12 unit motel on busy RT 22 with owners living quarters. Rooms in excellent condition. Owner has to cut back do to health reasons. Good investment, easy to build more business.
Documents Available
Documents Available (Legacy): Deed
Electric
Amps (Legacy): 3
Phase (Legacy): 1
Financial Details
General Taxes: 1877
General Taxes Description: Estimated
School Taxes: 3182
School Taxes Description: Estimated
Village Taxes: 1720
Village Taxes Description: Estimated
Seller Financing: No
Cooling
Air Conditioning (Legacy): Yes
Building Detail
Fire Sprinkler System Y/N: No
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Heating
Heat Systems (Legacy): Electric
Income And Expenses
Insurance Expense: 3601
Insurance Expense Description: Estimated
Parking Features
Parking Total: 20
Private: 1
Possible Use
Hotel/Motel: 1
Status Change Info
Status Change Date: 2005-11-04
Under Contract Date: 2005-07-27
Sold Date: 2005-09-30
Sold Price: $250,000
Property Features
Parking Features: Private
Possible Use: Hotel/Motel
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Shawn McCormick
518-587-3400 | shawn.mccormick@coldwellbankerprime.com
518-587-3400 | shawn.mccormick@coldwellbankerprime.com
