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$ 1,500,000
Est. payment /mo
Active
1261 NY RT 7 Troy, NY 12180
4 Beds
2.5 Baths
10,052 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family +
Listing Status Active
Purchase Type For Sale
Square Footage 10,052 sqft
Price per Sqft $149
MLS Listing ID 201933466
Bedrooms 4
Full Baths 1
Half Baths 3
Year Built 1945
Annual Tax Amount $22,485
Property Sub-Type 3 Family +
Property Description
CALLING INVESTORS! Excellent fully stabilized income property with an 9.8% CAP rate. Property consists of ten buildings that were once single family homes and a motel. They have been beautifully renovated into (24) studio, 1, 2, and 3 bedroom apartments. 3.86 acre site offers additional land for further development (perhaps a Tiny home park). Owners have newly landscaped and repaved the entire access road.
Location
State NY
County Rensselaer
Area Brunswick Town (250)
Body of Water No
Interior
Heating Electricity, Oil
Cooling Other~See Remarks
Exterior
Garage Spaces 1.0
Building
Sewer Septic
Water Well~Dug
Structure Type Other~See Remarks
Schools
School District Brunswick (Brittonkill)
Others
Special Listing Condition Other~See Remarks
Listed by NAI Platform LLC