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1031 Route 50

Ballston Lake, NY 12019
  • $275,000
  • STATUS: Active
  • MLS #: 202120760
UPDATED: 56 min ago
$275,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,200
    SQFT
  • $65
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1978
County:

School Ratings & Info

Description

Cash Flow investors take notice: Grossing 100k+ annually this 10 Unit Motel on bus line in Ballston Lake has two buildings, one containing 7 units + office while smaller building contains 3 rooms. Zoning is Business/Highway2. Units are set up as efficiency apartments rented on both weekly and monthly basis. On site washer/dryer, Public water. Paved parking, new cable & phone lines, natural gas plumbed to all units in large building.

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© 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-10-16T19:12:18.49.
www.capitalrealtyxperts.com/homes/118106804
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1031 Route 50 Ballston Lake, NY 12019

  • Price: $275,000
  • Status: Active
  • Updated: 56 min ago
  • MLS #: 202120760
0
Beds
0
Baths
0
½ Baths
0.5
Acres
4,200
SQFT
$65
$/SQFT
1978
Built
Neighborhood:
Ballston Lake
County:
Saratoga
Area:
Ballston Town (321)
Property Description
Cash Flow investors take notice: Grossing 100k+ annually this 10 Unit Motel on bus line in Ballston Lake has two buildings, one containing 7 units + office while smaller building contains 3 rooms. Zoning is Business/Highway2. Units are set up as efficiency apartments rented on both weekly and monthly basis. On site washer/dryer, Public water. Paved parking, new cable & phone lines, natural gas plumbed to all units in large building.
Exterior Features

Lot 1/2 Acre Parking Private Parking Spaces 15 Property Type Motels/Hotels

Interior Features

Air Conditioning Ptac Building Available Sq Ft 4200 Condition Good Elevator Desc Burnt Hills-Ballston Lake Csd (Bhbl) Handicap Access Yes Heat System Gas/Electric Office Available Sq Ft 600 Office Ceiling Height 8 Retail Available Sq Ft 0 Warehouse Available Sq Ft 0

Property Features

Business Name Triple Crown Motel City Town Taxing Entity Ballston Spa Electric Exp Desc Actual General Taxes 2702 General Taxes Desc Estimated Gl Desc Estimated Gross Income 100848 Heat Fuel Natural Gas Heating System Other~See Remarks Ins Exp Desc Estimated Owner Finance No Possession Closing School Taxes 3711 School Taxes Description Estimated Sewer Septic Special Market Conditions No Special Conditions Style Motel Total Taxes 6413 Total Taxes Description Estimated Use Apartment PlusHotelMotel Water Public Year Established 1979

Listing information © 2021 Global MLS.
Listing provided courtesy of Christopher Iwinski of Coldwell Banker Prime Prop.:518-405-6888.



© 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-10-16T19:12:18.49.
 
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