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64 ShepardSaranac Lake, NY 12983Price: $525,000

  • Price: $525,000
  • Est. Mortgage of $/month
  • 84 Days on Market
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$
%
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Federal 30-year interest rate: 7.18% last updated on Sep 14, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $525,000List Price
  • 0.3Acreage
  • 6,068Square Feet
Listed by Kelsey Cassidy of Merrill L. Thomas,Inc.

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Don't miss out on this exceptional investment opportunity! Presenting a meticulously maintained 5-unit apartment building in Saranac Lake. This property boasts four spacious 1-bedroom apartments and a desirable 2-bedroom apartment, with partial mountain range and lake views. Not only does this building offer ample parking for residents, but it also provides the convenience of shared laundry facilities and a generously sized basement. The rental rates are attractive, and the property comes with established tenants, ensuring a steady income stream. Situated within walking distance of Lake Flower, Riverside Park, and the vibrant downtown Saranac Lake, this location is highly sought after. Whether you're an experienced investor or a newcomer to the market, this investment opportunity is too good to overlook. Take advantage of this excellent investment and secure your future in the thriving Saranac Lake real estate market. *Seller is offering a $30,000 credit towards a new roof.

Property Details of 64 Shepard

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 Based on information submitted to NY_ACVMLS as of September 21, 2023 11:52 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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