1261 NY RT 7 Active

Troy,NY 12180

$ 1500000

4 Beds

2.5 Baths

10052 SqFt


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)

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

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