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Listed by Jason D Young • Real Broker NY LLC
$449,900
Est. payment /mo
4 Beds
3 Baths
1,620 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $277
MLS Listing ID 202619214
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1990
Annual Tax Amount $5,901
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type Triplex
Source Global MLS
Property Description
***Open House Saturday, 6/13, from 10:30 - 12:30*** Halfmoon triplex in the Shenendehowa district -- updated, occupied, and producing. Three 2BR/1BA units at $4,150/month current rents. Recent improvements: new siding, windows, back deck, flooring, and bathrooms. All three units are below a conservative $1,550/month area market rate -- $500/month in combined rent upside when leases turn. At market rents: 7.95% cap, $735/month cash flow. The numbers work today and improve materially with the roll. Priced at $150K/unit, below every comparable per unit pricing sales in the district.
Location
State NY
County Saratoga
Direction 87 S to Grooms Rd exit. L off ramp onto Grooms Rd. R onto Woodin Rd. R onto Dunsback. Duplex on L.
Interior
Heating Baseboard, Electric
Flooring Vinyl
Fireplace No
Exterior
Roof Type Asphalt
Porch Deck
Building
Lot Description Rolling Slope
Sewer Septic Tank
Water Public
Architectural Style Other
Schools
School District Shenendehowa
Others
Tax ID 413800 284.2-4-11
Special Listing Condition Standard
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