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We are selling both our properties within a half mile of each other as a package deal!
We are retired and want to move right away, motivated sellers!!!!
PRICE HAS BEEN REDUCED!
Buy both properties for $155,000
1st 4 photos are of property #2, the other photos are of property #1
$114,900 Remodeled Farm House With Inlaw Overlooking Saranac River North Branch
364 River Road, Saranac, NY 12981
Originally a hotel in the 1800’s, they say it was called the Half Way House, it is half way between Plattsburgh and Lake Placid. It is the largest structure in the area as far as we know, you will not find a older home of this size. It is very unique!
Renovated 2 family, 3600 square foot home. First floor inlaw has 2 bedrooms, 1 full bath, laundry room, dining room, kitchen and living room. Second floor has kitchen, dining room, 2 bedrooms, laundry area, living room, 1 full bath, large hall way and third floor 800 square foot master suite with full bath with Jacuzzi tub and 2 walk in closets. Porches on 1st and 2nd floors.
This home has been insulated, new windows, new plumbing, new electrical, smoke detectors. It has a new hot water boiler with a outdoor wood furnace that is optional, it is not included for this reduced price, you may purchase it separately for cash. The rooms are finished in Adirondack rustic, some with recycled materials from the home. There has been a perimeter drain installed around the home. +/- 1 acre. The home is not furnished. Appliances including 2 stoves, 2 frigs., 1 washer & 1 dryer are included in sale. The only thing left you would have to do is to side it. It has wood siding at present.
The 1st floor 2 bedroom, 1 bath apartment may be available for rent, please email us if you are interested. We always rented this inlaw out fully furnished at $85.00 a night or $500.00 a week, so great income potential!
This home is located half way between Plattsburgh and Saranac Lake off of Route 3, email us if you would like to look at it.
Investment Property For Sale By Owner
5664 State Route 3, Saranac, NY 12981
Priced well below assessed value!
The building is empty so you can do what you would want to with it
We have installed a new deep well pump in the well and new wire from well to building.
There is great fishing, (deeded fish rights to the Saranac River), hunting, hiking, skiing in this area, you will see deer behind the building most nights!
Built in 1999 with additions in 2007 on each end, this 2700 square feet building with attached shed, has two 200 amp electrical services. This building is set on a .93 acre plus/minus piece of land with well and 1000 gallon septic system. At the moment it is divided into 6 rooms including large main area, office, 1/2 bathroom (add your shower) and attic storage. There is a duct hot air furnace system. The smoke detectors are hard wired. It would not take much effort to make it a nice home, 2 apartments or summer home also.
All this needs is a little finish work to make this a great property. Comps have been done, finish work estimated at about $16,000, sell for $104,000-$130,000, great investment!
The property is located half way between Plattsburgh and Saranac Lake in the village of Riverview/Saranac NY. 20 minutes to Whiteface, Olympic Center. Please email us to set up a appointment to see it.