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Sells @ or Above
$210,000!
Multi-family
house in Village of Lake Placid
114 Parkside Dr., Village of Lake Placid,
Essex County, NY 12946
Click here for:
Internet Bidding Packet
Property Information Packet
Total assessed value $274,600
Recent appraisal of home valued at $260,000
Now sells at or above $210,000!
Property Description: Great Investment Opportunity! Ideal
Village location and just a one minute walk to beach at Mirror Lake.
Lake Placid is a vibrant village in the High Peaks District of the
Adirondack Mountains and home of the 1980 and 1932 winter Olympics
filled with activities all year round. The area is convenient to
shopping, restaurants, public transportation, recreation and travel
routes. Potential for B&B.
To be sold by Court Order. 7 bedrooms and 4 baths. Currently set up
at 3 apartments and 3 dormitory style rooms with possible set up of
4th apartment. Driveway with space to park 4 vehicles. Fenced yard
with off-street parking and storage shed. 3,477 sq ft on 0.10 +/-
acres. Unit 1: 2bd/1bath 746 sq ft, Unit 2: 2bd/1bath 740 sq ft,
Unit 3: 1bd/1bath 548 sq ft and Unit 4: 2bd/2bath 913 sq ft. 530 sq
ft of common entry, hall and laundry. Mechanics include oil heat.
Sewer system. ID# 154001 S-B-L 42.207-6-3.000
Total combined taxes: $4,677 (agents please verify)
Lake Placid School District
Opportunity like this rarely comes to market. Act now! 10% Buyer’s
Premium.
PRE-VIEW: Sunday, January 10 @ 1PM. Contact
Listing Agent,
Philip Gableman 845-377-5063
Online
Auction Ending
Wednesday, January 13 @ 1:01PM
Bidding Opens Monday, January 11 @ 10AM
(Bidders must be fully registered & approved by office)
Property to be sold with Insurable Title – Free
of Adverse Liens or Encumbrances at closing.
Ready, Get Set, BID! To prepare for the online only auction view
photos online, review Property Information (see link above), line up
financing and view parcel.
ANNOTATED TERMS OF AUCTION: We have been
contracted to sell this property at Public Auction. Get a Username &
Password at AARbids.com, register for the Online-only Auction and
bring/mail our ‘Internet Bidding Packet’ containing the ‘Terms and
Conditions’ and a $5,000 Guaranteed Funds/Bank check payable to:
Absolute Auctions & Realty, Inc. Mail to: AAR, POB
1739, Pleasant Valley, NY 12569 – no exceptions, and you can
participate. Complete your due diligence prior to bidding. If
successful, an electronic “Contract for Purchase and Sale NY Real
Estate” will be sent to you, sign contract, return and close
transaction on or before March 14, 2016. Time is of the essence.
Deposit will be refunded to unsuccessful bidders. Title & Liens: Property is sold
with insurable title, free and clear of adverse liens or
encumbrances at closing. Broker Participation: Call for
details.
Remember, the auction is the
only game
where you need to come in last to win!
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