$375,000
Chester, NY 12817
MLS# 181825
Status: Closed
12 baths | 6912 sqft
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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
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 375000
Sold Price: $375,000
Offered Lease/Sqft: 54.25
Listing Contract Date: 2018-06-04
Current Price: $375,000
List Price/SqFt: 54.25
Sold Price/SqFt: 54.25
List Price/Acres: 208333.33
Sold Price/Acres: 208333.33
Location
Street Number: 61
Street Name: PANTHER MOUNTAIN
Street Suffix: Drive
County: Warren
State/Province: NY
Postal Code: 12817
City/Town (Mail): Chestertown
Geo Lat: 43.650641
Geo Lon: -73.798311
Property Detail
Year Built: 1980
Stories: 1
Number Of Buildings: 3
Bathrooms Total: 12
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
Electric
Amps (Legacy): 100
Financial Details
Full Market Assessment: 353350
Building Detail
Railroad Siding Y/N: Town Road
Construction Materials
Construction Materials (Legacy): Wood Frame
Possession
Possession (Legacy): At Closing
Special Listing Conditions
Ownership: No Special Conditions,No Disclosures
Heating
Heat Systems (Legacy): OIl HW
Parking Features
Parking Total: 24
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 Capital Inc
Listing Agent: Allen VanHoff
518-441-2640 | avanhoff@gmail.com
518-441-2640 | avanhoff@gmail.com
