718 Bloomingrove Drive Pending

North Greenbush,NY 12144

$ 449900

6 Beds

5 Baths

3539 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,539 sqft

Price per Sqft $127

MLS Listing ID 202429723

Bedrooms 6

Full Baths 5

Year Built 1960

Annual Tax Amount $6,030

Lot Size 0.320 Acres

Property Description

Fully renovated 4-unit property offers an excellent investment opportunity, generating $56,400 in rental income annually w/ a 7.8% cap rate. Located in a thriving area, it is within walking distance to Stewarts, the CDTA Park + Ride, & many other conveniences. Close to shopping, dining, major highways, and downtown Albany. Two small 1-bed apartments & one large 1-bed apartment on 2nd floor. 1st floor features a spacious 2-3 bedroom unit w/ 2 full baths, office, & laundry room, making it ideal for owner-occupancy. Recent updates include a new roof, septic system, & water treatment system, along with fully renovated kitchens and bathrooms in all units. The property also includes a large 2-car garage w/ extra rental income potential. This is a fantastic opportunity to own in a booming area.

Location

State NY

County Rensselaer

Interior

Heating Forced Air

Flooring Vinyl,Laminate

Exterior

Parking Features Off Street,Workshop in Garage,Stone,Garage,Garage Door Opener

Garage Spaces 2.0

Utilities Available Cable Available

Roof Type Rubber,Asphalt

Building

Lot Description Other,Level,Road Frontage,Cleared

Sewer Septic Tank

Water Drilled Well

Schools

School District East Greenbush

Others

Acceptable Financing Cash

Listing Terms Cash

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