Amazing investment opportunity! Fantastic money maker - very unique! Most of the units have been rehabbed. 6 out of 8 rented. 2 were just recently rehabbed and vacant. FOUR, two unit apartment buildings, garage and shed. One acre parcel. Septic inspection done 4/2022 and all good! All tenants pay their own electric heat but for the 1st floor in the main house which is oil/forced hot air. Plenty of parking here on this sprawling lot. Don't miss out on this opportunity! Award winning East Greenbush schools. 15.3% CAP RATE. RENTS ARE: $1100, $1550, $850, $893, $700, $1050, 2 new rehabbed unit are 2 bedroom, could get $1,487 as per HUD fair market rents = $8,891 per month total income
Property Type(s):
Multi Family
Last Updated
|
1/14/2025
|
Year Built
|
1900
|
Garage Spaces
|
4.0
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
AIR |
None |
BASEMENT |
Full, Unfinished, Yes |
CONSTRUCTION |
Vinyl Siding, Wood Siding |
EXTERIOR |
None |
GARAGE |
Yes |
HEAT |
Baseboard, Electric, Forced Air |
INTERIOR |
Built-in Features, Vaulted Ceiling(s) |
LOT |
1 acre(s) |
LOT DESCRIPTION |
Cleared, Level, Private |
LOT DIMENSIONS |
See diagram in pictures |
PARKING |
Off Street, Driveway |
SEWER |
Septic Tank |
STYLE |
Apartment 4 Plus Unit |
TAXES |
9400 |
WATER |
Public |
Location
This listing courtesy of Berkshire Hathaway HomeServices Blake, REALTORS
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.