518-523-3333 or 1-866-951-0033

Apartment Building in Wilmington

$285,000
5 Bd | 5 Ba | MLS #: 154174 | 5,500 sq. ft
Beth (Parmington) Hall
NYS Real Estate Salesperson
Office: (518) 523-3333
Cell: (518) 323-5666
beth@adkpp.com
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Multi-Family Building in Wilmington

This is a great commercial opportunity to purchase a multi-family apartment building and a separate cottage located on one real estate parcel in Wilmington, NY along the shoreline of the West Branch of the Ausable River. The current owners have made many significant improvements including electric updates, new windows and new septic along with separate propane and utility meters. This building has a great long term rental history, all units are currently fully occupied and tenants pay their own utilities. There is an off road parking lot with plenty of space available for building residents and the spacious, professionally landscaped grounds offer tenants an opportunity to relax and admire very nice mountain and river views from a private back yard. The property is located in Wilmington center very close to Whiteface Mountain, just minutes from Lake Placid Village and nearby to several hiking/cross country skiing sites and natural attractions.

A commercial building with 4 apartments along with separate cottage sitting on the shoreline of the Ausable River in Wilmington

Interior Details

Style:
  • Apartments
  • Cottage
  • Waterfront
Building Stories: 2
Square Feet: 5500
Bedrooms: : 5
Full Baths: : 5

Exterior Details

Location: : Wilmington
Exterior Features:
  • Deck
  • Paved Drive
APX Acreage: 1.0
61 Feet of Waterfront on the West Branch of the Ausable River
County: Essex
No Garage
School District: Lake Placid
Total Taxes: $ 5025.32
Views:
  • Mountains
  • Residential
  • River
  • Wooded
Zoning:
  • Commercial
  • Additional Features: Outdoor LIghting