$375,000
Chester, NY 12817
MLS# 181825
Status: Closed
12 baths | 6912 sqft
1 / 15
Property Description
Investors take note! In the Adirondacks, this nicely maintained Panther Mountain Apartment complex is now available for sale! Project includes 3 buildings, 12 total Apartments, all one bedrooms, Large 1.80 Acre town lot, Private water and sewer, Central Oil Hot Water Heat, Individual Electric Meters, with assumable HUD/Rural Development mortgages. Rents are currently controlled by HUD and USDA Subsidy, long term tenants with a waiting list, annual leases, large paved parking, nice grounds, turn key operation! Financials are available! Don't miss this one!
Details
Maps
Contract Information
Original List Price: 375000
Offered Lease/Sqft: 54.25
List Price/SqFt: 54.25
Sold Price/SqFt: 54.25
List Price/Acres: 208333.33
Sold Price/Acres: 208333.33
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $375,000
Listing Contract Date: 2018-06-04
Current Price: $375,000
Location
City/Town (Mail): Chestertown
Street Number: 61
Street Name: PANTHER MOUNTAIN
Street Suffix: Drive
County: Warren
State/Province: NY
Postal Code: 12817
Geo Lat: 43.650641
Geo Lon: -73.798311
Property Detail
Stories: 1
Number Of Buildings: 3
Business Name: Panther Mountain Apartmen
Zoning: Governmental
Lot Size Dimensions: 393 x 428 x x
Lot Size Acres: 1.8
Building Area Total: 6912
Building Available SQFT: 6912
Enhanced Accessible Y/N: No
Year Built: 1980
Bathrooms Total: 12
Parcel, Tax, HOA
Parcel Number: 522400 104.13-1-17
Tax Annual Amount: 4814
Tax Section: 104.13
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 17
School District: North Warren
Association Y/N: No
Directions & Remarks
Directions: NYS 87, Northway to exit 25 to Route 9 South (Main Street) to Panther Mountain Dr.
Public Remarks: Investors take note! In the Adirondacks, this nicely maintained Panther Mountain Apartment complex is now available for sale! Project includes 3 buildings, 12 total Apartments, all one bedrooms, Large 1.80 Acre town lot, Private water and sewer, Central Oil Hot Water Heat, Individual Electric Meters, with assumable HUD/Rural Development mortgages. Rents are currently controlled by HUD and USDA Subsidy, long term tenants with a waiting list, annual leases, large paved parking, nice grounds, turn key operation! Financials are available! Don't miss this one!
Sewer
Septic Tank: 1
Architectural Style
Apartments: 1
Electric
Amps (Legacy): 100
Financial Details
Full Market Assessment: 353350
Cooling
Window Unit(s): 1
Basement
Crawl Space: 1
Exterior Entry: 1
Heated: 1
Partial: 1
Building Detail
Railroad Siding Y/N: Town Road
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Construction Materials
Frame: 1
Construction Materials (Legacy): Wood Frame
Possession
Possession (Legacy): At Closing
Road Frontage Type
Town Road: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Call Listing Agent: 1
No Sign: 1
Showing Service: 1
Special Listing Conditions
No Disclosures: 1
Ownership: No Special Conditions,No Disclosures
Standard: 1
Roof
Asphalt: 1
Foundation Details
Block: 1
Type of Well
Drilled: 1
Heating
Baseboard: 1
Oil: 1
Heat Systems (Legacy): OIl HW
Miscellaneous
Separate Meters: 1
Parking Features
Parking Total: 24
Paved: 1
Private: 1
None: 1
Possible Use
Apartment Plus: 1
Status Change Info
Status Change Date: 2019-07-03
Under Contract Date: 2018-06-20
Sold Date: 2019-07-03
Sold Price: $375,000
Property Features
Architectural Style: Apartments
Basement: Crawl Space; Exterior Entry; Heated; Partial
Construction Materials: Frame
Cooling: Window Unit(s)
Foundation Details: Block
Heating: Baseboard; Oil
Miscellaneous: Separate Meters
Parking Features: Paved; Private; None
Possible Use: Apartment Plus
Road Frontage Type: Town Road
Roof: Asphalt
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Agent to Accompany; Call Listing Agent; No Sign; Showing Service
Special Listing Conditions: No Disclosures; Standard
Type of Well: Drilled
Listing Courtesy of Howard Hanna
Listing Agent: Allen VanHoff
518-441-2640 | avanhoff@gmail.com
518-441-2640 | avanhoff@gmail.com
