26-30 Front Street Pending

Waterford,NY 12188

$ 1300000

12 Beds

12 Baths

6096 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 6,096 sqft

Price per Sqft $213

MLS Listing ID 202419783

Bedrooms 12

Full Baths 12

Year Built 2020

Annual Tax Amount $7,772

Lot Size 7,840 Sqft

Property Description

48 Hour Contingency. Owner occupied opportunity as of 11/1/24 for beautiful corner unit (or bring new tenant in at higher rent) Ability to raise rents further over next 9 months across all units (by July 2025) It is rare that the opportunity to own a class A 4 unit rental property on the water like this comes along. This property is only 4 years old. Nothing to do but collect rents. 3BR and 3B in each unit. Current construction estimates to build are 1.5-1.75M to build today. $10k in monthly rents can be higher. Financial projections are attached. Flood insurance only $654/year. Short term Airbnb rental opportunity as well as potential subdivision to make townhouses. Each unit has a garage, awesome decks, and views of the historic Erie Canal! 3D tour attached.

Location

State NY

County Saratoga

Interior

Heating Forced Air,Natural Gas

Flooring Carpet,Ceramic Tile,Hardwood

Exterior

Exterior Feature Garden

Garage Off Street,Paved,Under Residence,Attached,Driveway,Garage

Garage Spaces 8.0

Waterfront Yes

Waterfront Description Waterfront Deck,River Front

Roof Type Asphalt

Building

Lot Description Level,Landscaped,Views,Waterfront

Sewer Public Sewer

Water Public

Schools

School District Waterford-Halfmoon

Others

Special Listing Condition Standard

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