Description
Awesome 7 unit investment property located in the heart of the vibrant and historic village of Ballston Spa. Walking distance to everything! Five 1 bedroom and two 2 bedroom units. After owner renovated 3 units in the past 2 years, rents increased $1700/month. With some updates on the remaining units, current rents could easily increase an additional $1250/month. ($15,000 annually) Aside from the 3 apartments, substantial renovations have been completed over the past several years to include some new windows, PEX plumbing, electrical system upgrade, insulation and air sealing, HE boiler, HW heater, new laundry room, front porch, flat roof replacement, walkways, etc. See documents for a complete list. Off street parking. Garage can be used as storage or 1 car. Restricted showing times.
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9BEDS
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0.2ACRES
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7BATHS
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01/2 BATHS
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4,506SQFT
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$177$/SQFT
Description
Awesome 7 unit investment property located in the heart of the vibrant and historic village of Ballston Spa. Walking distance to everything! Five 1 bedroom and two 2 bedroom units. After owner renovated 3 units in the past 2 years, rents increased $1700/month. With some updates on the remaining units, current rents could easily increase an additional $1250/month. ($15,000 annually) Aside from the 3 apartments, substantial renovations have been completed over the past several years to include some new windows, PEX plumbing, electrical system upgrade, insulation and air sealing, HE boiler, HW heater, new laundry room, front porch, flat roof replacement, walkways, etc. See documents for a complete list. Off street parking. Garage can be used as storage or 1 car. Restricted showing times.
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