$410,000
Whitehall, NY 12887
MLS# 201934953
Status: Closed
14072 sqft
1 / 31
Property Description
SELF MANAGED CAP RATE 18.9%, WITH MANAGER 13.1%, Conveniently located on the busiest route 4 , minutes away from Vermont and Comstock correctional facility .Centrally located between Lake George NY , Rutland VT and Ticonderoga NY . Walking distance to all the stores . 27 units including four one bedroom suites with full kitchen , ten rooms with one beds and the rest are large rooms with two beds . Great potential to add more efficiency suites . On site owner's / manager 's three bedrooms apartment . Each year upgrade the property . Excellent cash flow . Business , building and land . Property is Currently Self Managed, one of the listing agents is owner. Make your appointment today to preview it .
Details
Maps
Contract Information
Original List Price: 500000
Offered Lease/Sqft: 29.14
List Price/SqFt: 35.53
Sold Price/SqFt: 29.14
Status: Closed
Property Sub Type: Hotel-Motel
Sold Price: $410,000
Listing Contract Date: 2019-11-15
Current Price: $410,000
Location
City/Town (Mail): Whitehall
Street Number: 9863
Street Name: STATE ROUTE 4
County: Washington
State/Province: NY
Postal Code: 12887
Geo Lat: 43.538509
Geo Lon: -73.41026
Property Detail
Lot Size Dimensions: 2.15 Acres
Building Area Total: 14072
Building Available SQFT: 14072
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Year Built: 1960
Parcel, Tax, HOA
Parcel Number: 535289 60.-1-3.2
Tax Annual Amount: 7680
Tax Section: 60.
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 3.2
School District: Whitehall
Association Y/N: No
Directions & Remarks
Directions: on East side of Route 4
Public Remarks: SELF MANAGED CAP RATE 18.9%, WITH MANAGER 13.1%, Conveniently located on the busiest route 4 , minutes away from Vermont and Comstock correctional facility .Centrally located between Lake George NY , Rutland VT and Ticonderoga NY . Walking distance to all the stores . 27 units including four one bedroom suites with full kitchen , ten rooms with one beds and the rest are large rooms with two beds . Great potential to add more efficiency suites . On site owner's / manager 's three bedrooms apartment . Each year upgrade the property . Excellent cash flow . Business , building and land . Property is Currently Self Managed, one of the listing agents is owner. Make your appointment today to preview it .
Sewer
Public Sewer: 1
Architectural Style
Multiple Dwelling Unit: 1
Financial Details
General Taxes: 4192
General Taxes Description: Actual
School Taxes: 3388
School Taxes Description: Actual
Building Detail
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Showing Requirements
Agent to Accompany: 1
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Water Source
Public: 1
Heating
Other: 1
See Remarks: 1
Parking Features
Concrete: 1
Gravel: 1
Possible Use
Hotel/Motel: 1
Status Change Info
Status Change Date: 2020-01-20
Under Contract Date: 2019-11-25
Sold Date: 2020-01-16
Sold Price: $410,000
Property Features
Architectural Style: Multiple Dwelling Unit
Heating: Other; See Remarks
Parking Features: Concrete; Gravel
Possible Use: Hotel/Motel
Sewer: Public Sewer
Showing Requirements: Agent to Accompany
Special Listing Conditions: Standard
Water Source: Public
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: Pricella Bhatti
518-371-4500 | pricellabhatti@howardhanna.com
518-371-4500 | pricellabhatti@howardhanna.com
