$250,000
Hadley, NY 12822
MLS# 202426207
Status: Closed
7 beds
1 / 19
Property Description
This lucrative investment property is perfectly situated between the villages of Hadley-Luzerne and Corinth. The numbers speak for themselves with an annual estimated Net income of $31,471 and a capitalization rate of over 13% Keep this property a money making triplex, or convert it to house a storefront with its mixed use zoning and 175' of Main Road Frontage on this highly traveled road. With nearly an acre of land the possibilities are endless! Utilities are separated and each unit has their own washer and dryer hookup for tenant convenience. Seller/Landlord pays for Snow Removal, and Heating Fuel.
Details
Maps
Contract Information
Original List Price: 240000
List Price/SqFt: 81.97
Status: Closed
Property Sub Type: Triplex
Sold Price: $250,000
Current Price: $250,000
Listing Contract Date: 2024-09-25
Location
City/Town (Mail): Corinth
Street Number: 6012
Street Name: Route 9N
County: Saratoga
State/Province: NY
Postal Code: 12822
Geo Lat: 43.279034
Geo Lon: -73.830584
Property Detail
Rooms Total: 16
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 2928
Above Grade Finished Area Source: CRS
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 2928
Zoning: Multi Residence
Deed Restrictions: Unknown
Lot Size Dimensions: 175'x200'x175'x200'
Lot Size Acres: 0.79
Main Road Frontage: 175
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 7
Bathrooms Full: 3
Year Built: 1965
Status Change Info
Sold Price/SqFt: 85.38
Status Change Date: 2025-01-22
Under Contract Date: 2024-10-26
Sold Date: 2025-01-22
Sold Price: $250,000
Parcel, Tax, HOA
Parcel Number: 413600 46.16-1-9
Tax Annual Amount: 3328.87
Total Taxes Description: Estimated
School District: Corinth
Elementary School: Corinth
High School: Corinth
Association Y/N: No
Directions & Remarks
Directions: From the village of Corinth take 9N North, Property will be on your right. From Hadley-Luzerne take 9N South, Property will be on your Left.
Public Remarks: This lucrative investment property is perfectly situated between the villages of Hadley-Luzerne and Corinth. The numbers speak for themselves with an annual estimated Net income of $31,471 and a capitalization rate of over 13%
Keep this property a money making triplex, or convert it to house a storefront with its mixed use zoning and 175' of Main Road Frontage on this highly traveled road.
With nearly an acre of land the possibilities are endless!
Utilities are separated and each unit has their own washer and dryer hookup for tenant convenience.
Seller/Landlord pays for Snow Removal, and Heating Fuel.
Sewer
Septic Tank: 1
Architectural Style
Other: 1
Financial Details
General Taxes: 1351
General Taxes Description: Estimated
School Taxes: 1978
School Taxes Description: Estimated
Cooling
None: 1
Basement
Bilco Doors: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Lot Features
Cleared: 1
Level: 1
Road Frontage: 1
Construction Materials
Vinyl Siding: 1
Other Structures
Outbuilding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
24 Hour Notice: 1
Restricted Days: 1
Restricted Hours: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Roof
Asphalt: 1
Type of Well
Drilled: 1
Heating
Baseboard: 1
Hot Water: 1
Oil: 1
Income And Expenses
Rental Income: 37800
Rental Income Description: Yearly
Electric Expense Description: Tenant
Oil Expense: 3000
Oil Expense Description: Estimated
Net Operating Income: 31471
Fuel Cost Description
Fuel Cost: 3000
Heat Estimated: 1
Other Equipment
Fuel Tank(s): 1
Parking Features
Parking Total: 6
Off Street: 1
Stone: 1
Patio And Porch Features
Deck: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Water Heater: 1
Number Of Separate Electric Meters: 3
Tenant Pays
Cable TV: 1
Electricity: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Front
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: Back
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: Upstairs
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 1 Detail
Total Bedrooms: 2
Unit 2 Detail
Total Bedrooms: 2
Unit 3 Detail
Total Bedrooms: 3
Property Features
Architectural Style: Other
Basement: Bilco Doors
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: None
Fuel Cost Description: Heat Estimated
Heating: Baseboard; Hot Water; Oil
Levels: Two
Lot Features: Cleared; Level; Road Frontage
Other Equipment: Fuel Tank(s)
Other Structures: Outbuilding
Parking Features: Off Street; Stone
Patio And Porch Features: Deck
Possession: At Closing
Roof: Asphalt
Separate Utilities: Electric; Water Heater
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Restricted Days; Restricted Hours; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity
Utilities: Cable Available
Type of Well: Drilled
Listing Courtesy of Properly
Listing Agent: Bradley Laustrup
518-307-6973 | bradl@properlyre.com
518-307-6973 | bradl@properlyre.com
