$649,000
Estimated Payment$3,065/mo
House For SalePrice Drop -$50,500

5829 Nys Rt 86, Wilmington, NY 12997

15Beds
10Baths
4,000Sq. Ft.
2-Story House In Wilmington

In the heart of Wilmington this convenient location is an excellent investment opportunity with these multi- buildings on a residential property that includes 8 apartments combined between the main house with 2 apartments and basement studio unit and three additional buildings each with a total of 5 apartments. There is also a three-acre wooded area on these 5 acres to build another home(s). Occupy as an owner and receive income from the other 7 apartments or rent all 8 units. Only minutes to Whiteface Mountain to ski or mountain bike. Lake Placid Village 20 minutes away for skating, restaurants and shops. The Au Sable River is walking distance for excellent fishing and wading. There are numerous shops and new restaurants, small grocery market all located right in Wilmington. Currently completely rented and occupied with long term good tenants grossing $6,000 monthly with an opportunity to increase some rents.

5829 Nys Rt 86 is a home located in Essex, the 12997 ZIP Code, and the Lake Placid Elementary School and Lake Placid Middle-High School attendance zones.

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5829 Nys Rt 86
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Location
5829 Nys Rt 86 Wilmington, NY 12997
Home Details

Listing Details

General

  • Disclaimer: Copyright 2022 Adirondack Champlain Valley Mls All rights reserved All information provided by the listing agent broker is deemed reliable but is not guaranteed and should be independently verified

    Interior Details

    General

    • Interior Features: true
    • Fireplace : Yes
    • Appliances: Dishwasher, Dryer, Microwave, Oven, Range Gas, Refrigerator, Washer
    • Fireplace: True

    Rooms

    • Full Bathrooms: 10
    • Rooms: Bedroom, Full Bath

    Utilities

    • Heating Details: Oil Wood Fireplace Hot Water Stove

      Financial Details

      Tax Details

      • Zoning: Residential
      • Annual Tax Amount: 5667

      Property Details

      Construction Details

      • Roof: Asphalt
      • Architectural Style: Other

      General

      • Stories: 2

        MLS Details

        General

        • Days on Homes.com: 247
        • MLS Number: 174495
        • Listed: 3/28/2022
        • Last Updated: 8/11/2022
        • Offered By: Adirondack Premier Properties Berkshire Hathaway HomeService
        • Listing Source: Adirondack Champlain Valley Mls (via Listhub)
        Monthly Payment Calculator

        $3,065

        Estimated Mortgage
        Principal & Interest
        $2,189
        Insurance
        $227
        Taxes
        $649
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Price History
        • DateEventPrice
        • 08/11/2022$50,500$649,000
          Source: Adirondack Champlain Valley MLS (via Listhub)
        • 03/28/2022listed$699,500
          Source: Adirondack Champlain Valley MLS (via Listhub)
        Nearby Schools
        School data provided by GreatSchools
        i
        The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
        Points of Interest

        Military Bases

        Distance
        • Plattsburgh Air Force Base
          36.2 mi
        Listing Agent
        Nancy Colon
        Adirondack Premier Properties Berkshire Hathaway HomeService
        Wilmington, NY
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        $649,000

        15 Beds10 Baths4,000 Sq. Ft.

        5829 Nys Rt 86

        Wilmington, NY 12997

        Nancy Colon
        Adirondack Premier Properties Berkshire Hathaway HomeService