32 Beds
32 Baths
8,928 SqFt
32 Beds
32 Baths
8,928 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,928 sqft
Price per Sqft $397
MLS Listing ID 202621869
Bedrooms 32
Full Baths 16
Half Baths 16
HOA Y/N No
Year Built 2018
Annual Tax Amount $39,344
Lot Size 8.440 Acres
Acres 8.44
Property Sub-Type Multi Family
Source Global MLS
Property Description
This location seamlessly blends tranquility with convenience, as it is nearby major local industrial hubs, retailers, businesses, and manufacturers. Residents will enjoy the benefits of living in a serene environment while having easy access to urban amenities. There are a total 40 townhouse-style units of which 16 units are completed, and 24 units are approved and ready for permit issuance.
Each townhouse is thoughtfully designed to offer modern comforts and style: Private garage for each unit, Hardwood floors throughout, Washer and dryer in each unit, balconies and front porches for relaxation
The financial projections for Gennaro Commons are promising. The potential annual income from all 40 units is estimated at $700,000. With expenses projected to be below $300,000, the development offers a lucrative opportunity for investors and stakeholders. This community not only promises a high standard of living for its residents but also presents a sound investment in the thriving Mechanicville-Stillwater region.
Location
State NY
County Saratoga
Zoning Multi Residence
Direction Rt 75 to Hurlin St, left on Stillwater Brickyard Rd
Interior
Heating Propane
Flooring Hardwood
Fireplaces Type Gas
Fireplace Yes
Exterior
Parking Features Off Street, Paved, Attached, Driveway, Garage, Garage Door Opener
Garage Spaces 16.0
Roof Type Shingle
Porch Deck, Front Porch
Building
Sewer Public Sewer
Water Public
Schools
School District Mechanicville
Others
Tax ID 415289 262.-1-1.111
Special Listing Condition Other
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