550 Merrick Street

Clayton, NY 13624

$121,000
Last Sold Price
4
Beds
2
Baths
3,960 Sq. Ft.
$31 / Sq. Ft.
3,960
Sq. Ft.
$31
per Sq. Ft.

Description

Calling all investors! Here is a great opportunity to own a duplex in downtown Clayton. Located walking distance to all the shops, restaurants, and river, this duplex is currently bringing in $1300/mo. Both units are currently occupied and on a month to month lease. Call today to tour this income producing property!Calling all investors! Here is a great opportunity to own a duplex in downtown Clayton. Located walking distance to all the shops, restaurants, and river, this duplex is currently bringing in $1300/mo. Both units are currently occupied and on a month to month lease. Call today to tour this income producing property!
  1. Listed by Desiree Roberts • Lake Ontario Realty, LLC
    P: 315-649-3434 C: 315-244-5225 desiree@lakeontariorealty.com

Property Details for 550 Merrick Street

On Waterfront
No
Parking Description
Twoor More Spaces
Nearest Cross Street
Union

Location

Listing Courtesy of Lake Ontario Realty, LLC

Sold By Lake Ontario Realty, LLC

Add your commute
LISTING UPDATED: 03/24/2023 03:38 PM

Property Details for 550 Merrick Street

StatusClosed
MLS #S1306973
Days on Market153
Taxes$2,675 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1930
Lot Size0.05 AC / 2,158 SF
CountyJefferson County

Location

Listing Courtesy of Lake Ontario Realty, LLC

Sold By Lake Ontario Realty, LLC

Add your commute

Building Information for 550 Merrick Street

Stories2Residences2Year Built1930Building Size-Lot Size0.05 AC / 2,158 SF

Payment Calculator

$883 per month

30 year fixed, 7.25% Interest

Principal and Interest

$660

Property Taxes

$223

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Merrick Street

Summary
Location and General Information
  • Elementary School District: Thousand Islands
  • High School District: Thousand Islands
  • Middle Or Junior School District: Thousand Islands
  • Village: Clayton-Village
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Clayton-Village-223201
  • Tax Annual Amount: $2,675.00
Property
Lot Information
  • Building Area Total: 3960.0
  • Land Features: Corner Lot
  • Num Of Acres: 0.0495
  • Lot Size Area: 0.0495
  • Lot Size Square Feet: 2158.0
  • Lot Size Units: Acres
  • Parcel Number: 223201-020-047-0001-038-000
  • Lot Number: 38
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $92,900
  • Year Built: 1930
  • Year Built Description: Existing
  • Zoning Description: Commercial
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Partial
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies
  • Heating: Propane, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3960.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$2,675.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $650.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 650
Unit 2
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Dining Area With Living Room,Eat-In Kitchen
  • Unit Type Total Rent: $650.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 650
Rental
Rental Information
  • Rent Includes: Snow Removal
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 550 Merrick Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 550 Merrick Street

Taxable ValueLand$13,000Additions$117,000Total$130,000
Home Facts
Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtUnfinished Basement SqFt1,320 SqFtStories2Lot Size1,742 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated2000CountyJEFFERSONAPN223201 20.47-1-38

Schools near 550 Merrick Street

This home is within Thousand Islands Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Guardino Elementary School
PublicPK to 5

Thousand Islands Middle School
Public6 to 8

Thousand Islands High School
Public9 to 12

Cape Vincent Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lake Ontario Realty, LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.