Bought with Tong Cheng Zhang • Premium Realty Group
$350,000
$375,900
6.9%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6 Baths
4,595 SqFt
SOLD DATE : 02/17/2022
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,595 sqft
Price per Sqft $76
MLS Listing ID 202130140
Sold Date 02/17/22
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 1971
Annual Tax Amount $7,390
Lot Size 14.000 Acres
Acres 14.0
Lot Dimensions 31.5X
Property Sub-Type 5+ Units
Source Global MLS
Property Description
Updated 6 unit cash cow multifamily in the heart of Mechanicville. Great location next to all the shopping area. Currently, the month income is $5000 per month and the rent is under market value. 4 of 6 units have been updated. You can add coin- operated washer and dryer machine on the 1st floor. Unit 1-A is 4 bedroom, unit 1-B is small 3 bedroom, apt1-3 is one bedroom, apt 4 is 2 bedroom. The annual expense is about 16-17k. the cap with these number is 11.27% and laundry is not even added. The owner supply heated, water, hotwater to all units except apt3 (water, hotwater). Apt 1-A & 1-B also included ELECTRIC. The heater system is gas baseboard. All the tenant are current and is paying rent. Please send pre-approval letter before scheduling showing. Agent is related to owner
Location
State NY
County Saratoga
Direction main st and park ave
Interior
Heating Hot Water, Natural Gas
Exterior
Parking Features Off Street
Building
Sewer Public Sewer
Water Public
Architectural Style Apartment 4 Plus Unit
Schools
School District Mechanicville
Others
Tax ID 411000 262.61-3-5
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