Description
Handyman Special - 5-Unit Investment Opportunity in Central Cohoes Rare opportunity to restore and add value to a 5-unit property in a convenient central Cohoes location. The building features a strong unit mix with two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Two of the upper-floor units are currently in need of a full gut renovation, offering significant upside for investors or contractors looking to create value through improvements. Once stabilized, the property has the potential to generate approximately $7,800 per month in gross rental income. Located just 4 minutes walking distance to the nearest bus stop and downtown Cohoes, tenants will enjoy easy access to local shops, restaurants, and services. Excellent opportunity for a value-add investor to renovate, stabilize, and build long-term cash flow in a growing rental market.
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7BEDS
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0.06ACRES
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5BATHS
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01/2 BATHS
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2,354SQFT
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$166$/SQFT
Description
Handyman Special - 5-Unit Investment Opportunity in Central Cohoes Rare opportunity to restore and add value to a 5-unit property in a convenient central Cohoes location. The building features a strong unit mix with two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Two of the upper-floor units are currently in need of a full gut renovation, offering significant upside for investors or contractors looking to create value through improvements. Once stabilized, the property has the potential to generate approximately $7,800 per month in gross rental income. Located just 4 minutes walking distance to the nearest bus stop and downtown Cohoes, tenants will enjoy easy access to local shops, restaurants, and services. Excellent opportunity for a value-add investor to renovate, stabilize, and build long-term cash flow in a growing rental market.
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