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1031 ROUTE 50 -

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; sewer plans are in place (see town of Ballston). Paved parking, new cable & phone lines, natural gas plumbed to all units in large building.

Listing information

  • MLS® ID: 201812605
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $9,117
  • Property ID: 104085214
  • Stories: 1
  • Total Square Footage: 4,200 ($65.48 per sq. foot)
  • County: Saratoga
  • Style: Hotel/Motel
  • Parking Type Description: Private 15 cars
  • Lot Area: 0.50 Acres

Features

Electric Exp Desc Actual
G/I Desc Estimated
General Taxes Desc Estimated
Handicap Access Yes
Ins Exp Desc Estimated
Other Zoning - Bus/Hwy2, Year Established - 1979, Water - Public, Warehouse Available SQFT - 0, Tax Identification Lot - 15, Tax Identification Block - 2, Tax Id Section - 239.17, School Taxes - 3520, Roof - Rubber, Road Frontage - 100, Retail Available SQFT - 0, Possession - Closing, Office Ceiling Height - 8, Office Available SQFT - 600, Heat System - Gas/Electric, Gross Income - 100,848, General Taxes - 5597, Condition - Good, Business Name - Triple Crown Motel, Building Available SQFT - 4200, Air Conditioning - Ptac
School Taxes Description Estimated
Septic Yes
Sewer No
Total Taxes Description Estimated
Use Motel, Hotel, Apartment Plus
Listed by Christopher Iwinski of Coldwell Banker Prime Properties 518-587-3400