551 Lake Avenue
551 Lake Avenue
$549,900
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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...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.
- Listed by Sean Rogge • Howard Hanna
Property Details for 551 Lake Avenue
Architectural Style
Multiple Dwelling Unit, Housekeeping Cottages
ZoningCommercial
WaterfrontNo
Parking Total18.00
Location
LISTING UPDATED: 03/08/2024 12:57 PM
Property Details for 551 Lake Avenue
Status | Active |
---|---|
MLS # | 202322429 |
Days on Market | 162 |
Taxes | $6,497 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1970 |
Lot Size | 3.00 AC / 130,680 SF |
County | Warren County |
Location
Building Information for 551 Lake Avenue
Stories-Residences-Year Built1970Building Size-Lot Size3.00 AC / 130,680 SF
Payment Calculator
$3,542 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 551 Lake Avenue
Property History for 551 Lake Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 551 Lake Avenue
Taxable ValueLand$38,000Additions$287,000Total$325,000
Home Facts
Baths3Total Finished SqFt2,504 SqFtAbove Grade Finished SqFt2,504 SqFtStories1Lot Size130,680 SqFtStyleHotel / MotelYear Built1970ZoningR-RECountyWARRENAPN523200 292.15-1-12
Schools near 551 Lake Avenue
This home is within Hadley-Luzerne Central School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Stuart M Townsend Middle School PublicPK to 6 | ||
Hadley Luzerne High School Public7 to 12 |
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.
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