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$ 94,900
Est. payment | /mo
3,360 SqFt
$ 94,900
Est. payment | /mo
3,360 SqFt
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $28
MLS Listing ID 202130894
Style Two Story
Year Built 1900
Annual Tax Amount $3,901
Lot Size 3,484 Sqft
Property Sub-Type 2 Family
Property Description
Very large building with tons of potential to be a money maker. Work has already been started on this property. The inside has been cleaned out and mostly gutted, new roofs were put on both levels, and a new furnace with ductwork and high efficiency boiler/water heater were already installed. This property is currently zoned as a two-family but is laid out well to make into a three family. Full basement could be finished for more living space as well. Projected rental income is $3700/month with all utilities included in rent if made into a three family. Estimated repair costs to finish the rehab is approximately $60k. ARV estimate is approximately $220k. Lots of equity and cash flow to be made by completing this rehab project. Agent is owner.
Location
State NY
County Rensselaer
Area Troy City-N (213)
Body of Water No
Rooms
Family Room Both Units
Interior
Heating Natural Gas
Exterior
Parking Features None
Building
Sewer Public
Water Public
Structure Type Aluminum,Brick
New Construction No
Schools
School District Lansingburgh
Others
Special Listing Condition No Disclosures
Listed by Serenity Real Estate Team