PURCHASE THIS HOME WITH THE EXTRA INCOME PROPERTY!

73 Douglas Rd, Chateaugay, NY 12920

$465,000 After Repair Value -
$465,000 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $465,000

After Repair Value $465,000

Costs of Repairs $0

Potential Profit $0

Living Area 3000 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

Property Description

3 bds 2.5 ba Approx. 3000 sqft- House & Income Property 4 Unit Apartment For SaleIncludes Both House & Income PropertyLOT 1Type: Single Family - DetachedLot: 10 AcresYear built: 2009Roof: ShingleSiding - Vinyl with Masonry for entranceHeating: ElectricWater: Well Electric: 200 AmpParking: 4 Bay Attached Garage & 5+ spaces on paved drivewayOutbuildings: 10x12 Amish Built Storage Shed , Large Wooden Fort/Swing setHOA: NONEInternet: Highspeed/DSLSqft: Aprrox 3000 feetAnnual Taxes: $559.00 with STARLOT 2Type: 4 Unit Apartment House - DetachedHeating: KeroseneRoof: Tin (2019)Siding - Vinyl Water: Public/Village WaterElectric: Individually Metered - 200 AmpSeptic: Public/Village SepticParking: 4 Spaces provided for Tenants as well as free street parkingOutbuildings: Small ShedHOA: NONEInternet: Highspeed/DSL/SpectrumSqft: Approx 3000Annual Taxes: $2667.00PAY FOR THE MORTGAGE WITH THE INCOME PROPERTY! Perfect for the remote working couple looking to settle down outside the city and gain an extra source of income. This is a very unique opportunity to purchase a magnificent energy efficient home and a 4 Unit income property. This purchase literally pays for itself. This house in Northern New York, is situated on a paved country road and 7 miles from the Canadian border, about an hour drive to Montreal, and only 2 miles from the quaint little village of Chateaugay, NY; which has one of the best public schools North of Albany. The home is approximately 3000 square feet with a fabulous open space concept on a 10 acre lot. Half of the acreage is wooded, including many apple trees, evergreens, raspberry bushes, elderberry, and a keen spot for wildlife watching, hunting, having a hobby farm, large gardens, solar panels, or even fulling going off grid. You will only be limited by your imagination with this property. Built in 2009, the home was made extremely energy & heat efficient utilizing concrete Styrofoam walls. Included is a 4 bay attached garage with Pex in concrete floor heating, an additional 10x12 Amish storage shed, & swing set/fort area for the kids. Outside also features an 8x5 pressure treated back deck with atrium door, professional landscaping, many perennial flower gardens that need little maintenance, and an 8x26 covered front porch leading to a welcoming red door, surrounded by masonry. The home includes 3 bedrooms and could easily convert to 4 or more with the finished basement and 2.5 bathrooms. Master bath has beautiful Amish built wood cabinets in walnut, a double sink, large ceramic tile walk-in shower, & a double closet. Half bath situated by the garage has a laundry area including newer energy efficient washer & dryer. The kitchen includes all stainless steel appliances, gas stove, garbage disposal, & double sink; a quartz counter top and quartz bar/Island, with additional sink & wooden seating. This spacious kitchen features solid Amish built full Cherry Wood cabinets with soft close doors and organizer drawers/shelves, which match the custom built desk & office area overlooking the back yard, and molding throughout the main room. The apartment house on separate plot of land, contains four units. With current income of $2335.00 per month /$28,020 annually, and a 95% occupancy rate over the last 20 years. This apartment house could easily generate double the income with a little elbow grease and know how. Unit One - One bedroom Upstairs ApartmentUnit Two - Two Bedroom Downstairs ApartmentUnit Three - Two Bedroom Downstairs ApartmentUnit Four - Two Bedroom Upstairs ApartmentLooking to sell for retirement.

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