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Listed by Stephen M McCormick • Tier One Real Estate Pros LLC
$589,999
Est. payment /mo
7 Beds
6 Baths
4,746 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,746 sqft
Price per Sqft $124
MLS Listing ID 202615153
Bedrooms 7
Full Baths 6
HOA Y/N No
Year Built 1965
Annual Tax Amount $8,959
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Multi Family
Source Global MLS
Property Description
Rare opportunity to own a 6 unit building in Schenectady with a sizeable parking lot and 4 garages. Fully occupied producing a respectable $89,000 a year in gross rents and being offered at an 8.4% cap rate. This building has a mix of (2) 2BR apartments, (3) 1BR apartments, and (1) studio apartment. With (2) single car garages and (2) 2 car garages, this building has long term upside mixed with short term cashflow.
Location
State NY
County Schenectady
Direction Balltown rd to dewitt ave. Building sits on the corner
Interior
Heating Hot Water, Radiant, Steam
Exterior
Exterior Feature None
Parking Features Paved
Garage Spaces 4.0
Building
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Schenectady
Others
Tax ID 421500 60.48-4-24
Special Listing Condition Standard
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