Description
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
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14BEDS
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1ACRES
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8BATHS
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11/2 BATHS
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6,000SQFT
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$88$/SQFT
Description
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
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