Golf Course
Address
551 Lake Avenue, Lake Luzerne, NY
Price
$ 549,900
Property Attributes
- MLS#202322429
- TypeCommercial
- CountyWARREN
- CityLake Luzerne
- AreaLake Luzerne
- Zip12846
- StyleMultiple Dwelling Unit,Housekeeping Cottages
- Year Built1970
- Taxes$ 6497
- Price$ 549,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3 Acres
Data Source:
Global MLS (GCAR)
Property Description
Investors take notice! 15 unit rental property with strong financials and value add potential. Located across from KOA campground, Bon's Ice cream & mini golf. Close to Hadley Luzerne CSD. Five buildings on 3 acres of level landscaped ground. Units consist of (4) 1Br apartments, (4) Studio apartments, (4) ''double'' motel rooms & (3) ''single'' motel rooms. All tenants are long term on month to month leases. Mechanicals recently replaced or maintained. Septics are newer. Roofs all new except garage building. Contact LA regarding rent roll & financial details.
| Elementary School | High School |
|---|---|
| Hadley-Luzerne Elementary School | Hadley-Luzerne High School |
| Price History | |
|---|---|
| 8/10/2023 | Listed $749,900 |
| 8/28/2023 | 14% - $649,900 |
| 3/8/2024 | 16% - $549,900 |
General Features
| Interior Features | Other |
|---|---|
| Sewer | Septic Tank |
| Heating | Forced Air,Hot Water,Propane Tank Leased |
| Cooling | Window Unit(s) |
| Roof | Shingle |
| Zoning | Commercial |
| Patio/Porch Features | Porch,Pressure Treated Deck |
| Architectural Style | Multiple Dwelling Unit,Housekeeping Cottages |
| Pool Features | See Remarks,In Ground |
| Security Features | Smoke Detector(s),Carbon Monoxide Detector(s) |
| Construction Materials | Frame |
| Year Built | 1970 |
| Electric | Circuit Breakers |
| Property SubType | Multi Family |
| Current Use | Apartment Plus,Investment |
| Business Type | Rental |
| County | Warren |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Possible Use | Apartment Plus,Hotel/Motel,Investment,Multi-Family |
| Other Structures | Shed(s) |
| Status | Active |
| Directions | Across from KOA in Lake Luzerne |
| ModificationTimestamp | 2024-03-08T17:57:20Z |
| High School | Hadley-Luzerne |
| City | Lake Luzerne |
| Buyer Agent Compensation | 2.50 |
| View Y/N | No |
| High School District | Hadley Luzerne |
| Lot Size Square Feet | 130680.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Lake |
| Elementary School | Hadley-Luzerne |
| Land Lease Y/N | No |
| Tax Annual Amount | 6497.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 163 |
| Standard Status | Active |
| Tax Lot | 12 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Lake Luzerne |
Interior Features
| Basement | Crawl Space,Exterior Entry,Full,Slab |
|---|---|
| Flooring | Carpet,Laminate,Linoleum |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Avenue |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Off Street,Stone Parking Area |
|---|---|
| Lot Features | Road Frontage,Level,Landscaped |
| Water Source | Public |
| Total Parking | 18.0 |
| Inclusions | {u'Building & Land': True} |
| Lot Size Area | 3.0 |
| Spa | No |
| Lot Dimensions | 3 ac |
| Lot Size Acres | 3.0 |
| Lot Size Units | Acres |
| Door Features | Storm Door(s) |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 12846
Price
Taxes
Visits
Year Built
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