Amazing investment opportunity! Most of the units have been rehabbed. 7 out of 8 rented. One unit needs complete rehab (as is). 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. This package is part of an even bigger list of apartments in Albany and Troy, call your agent to get the list! 12% CAP RATE. RENTS ARE: $1100, $1550, $850, $850, $700, $1050, $800 = $6950 per month.
202411379
Multi-Family, Other
14
Rensselaer
8 Full/1 Half
1900
1
Acres
Public
Vinyl siding,Wood
Septic Tank
6,000
Sq. Ft.
Yes
- 4
spaces
School Information
Columbia
Bathrooms
8
1
Total:9
Interior Features
- Square FootageAbove / Below (approx)
- 6,000 Sq. Ft. Above Ground. 2,000 Sq. Ft. Below Ground.
- Flooring
- Vinyl, Wood
- Cooling
- None
- Heating
- Electric Heating. Forced Air, Baseboard.
- Basement
- Full, Unfinished
- Fireplaces
- Wood Burning Stove.
- Additional Interior Features
- Vaulted Ceiling(s), Built-in Features
Exterior / Lot Features
- Parking
- 4 Garage Spaces. 25 Parking Spaces. Off Street, Driveway.
- Exterior
- Wood, Vinyl
- Patio
- Porch, Deck
- Roof
- Asphalt, Shingle
- Lot Dimensions
- See diagram in pictures
- Additional Exterior/Lot Features
- None. Private, Level, Cleared.
Financial Considerations
383001 211.12-6-11
$9,224
Arrows indicate 90 day trend
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