85 Montcalm St
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85 Montcalm St
5,394 SF 100% Leased Retail Building Ticonderoga, NY 12883 $338,775 CAD ($63 CAD/SF)
Investment Highlights
- Excellent long term rental history!
- Unused space to create more income!
- Builidng is in immaculate condition!
Executive Summary
Great investment property with excellent long-term tenants and rental history. Currently offering a main street store front with 3 apartments on the second floor. One large front apartment with 3-bedroom, one bath. The other two apartments both have 2 bedrooms and one bath. There is unused space to create another apartment for more income. Out on the rear deck you can enjoy the breeze, and a view of the river walk trail that is right outside the back door. The store front rental is currently a hobby store selling books, games, movies and more. The tenants pay all utilities including heat. Off street parking with ample space for tenant's and their guests. This property will pay for itself!!
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,394 SF
Building Class
C
Year Built
1938
Price
$338,775 CAD
Price Per SF
$63 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.62
Land Acres
0.20 AC
Zoning
Commercial - Multi use.
Parking
8 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
Parcel Number | 154800-150-043-0004-001-000-0000 | Total Assessment | $249,073 CAD |
Land Assessment | $50,630 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $198,443 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
154800-150-043-0004-001-000-0000
Land Assessment
$50,630 CAD
Improvements Assessment
$198,443 CAD
Total Assessment
$249,073 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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85 Montcalm St
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