Gross Income shown above ($27,000) is Potential Gross Income at present rent levels. Tenants are month-to-month. Live in one unit and let the tenants help pay your mortgage. Each apt individually metered - tenants pay electric. Landlord pays common electric, oil heat and propane ($570 ann). #1 has new kitchen w/hickory cabinets, black granite counters and new range and microwave. Also adjacent laundry w/washer/dryer. Newly refurbished bathroom as well. This is an historic cure-cottage known as the Fallon Cottage. Priced 35% below assessed value.
Off market
$288,500
79 Franklin Ave, Saranac Lake, NY 12983
--beds
0baths
4,073sqft
MultiFamily
Built in 1908
-- sqft lot
$288,500 Zestimate®
$71/sqft
$1,413 Estimated rent