$ 750,000
-
$750,000
Price -
12
Bed -
7
Bath -
5,829
SqFt
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About the Listing o1813A - 38453
Well-Maintained 6-Unit Multifamily Investment Opportunity -- $750,000 Fully rented and turnkey, this 6-unit multifamily property offers a stable, income-producing asset with room to grow. Each unit is separately metered with individual electric heat and its own hot water tank, keeping utility costs cleanly divided between tenants. The property also features ample on-site parking for residents, and is located +/- 250 feet from the ALCO Heritage Trail bike path. Currently generating an approximate 6% cap rate, the property presents a clear path to an estimated 8% cap rate through market-rate rent adjustments -- offering investors meaningful upside in both cash flow and long-term value. A well-maintained, fully occupied property with strong fundamentals and clear growth potential. Pro forma available upon request.
Listing Highlights
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5829
- Below Ground Sq Ft: 0
- Basement: Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $15,722
- Taxes w/Assessments: N/A
- Tax/Property ID: 421500 39.56-2-11.1
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
4 River St Schenectady, NY 12305
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