Old Budget Inn property on a hill with a large horseshoe-shaped entrance, ample parking, and three buildings: a 2-story single-family building, and two 1-story buildings with 15 gutted motel rooms. Building 3 has a full basement with garage entry. Well on the property is 200 ft deep. 25 Gallsons per min. Septic system is unknown. Three neighboring lots also available.
The whole package can be bought for 170,000. Or separately each lot:
Lot 1 - 7.4 acres- 140,000
Lot 2- 3.53- 10,000 located to the right of the motel
Lot 3- 3.4 acres 10,000 last lot on the right
Lot 4 - 2.98 acres with pond, located to the left of the motel buildings. Could be sold separately for 10,000
CASH ONLY
9071 Route 9w, Athens, NY, 12015
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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