37 S FAMILY Drive, Colonie, NY 12206 (MLS # 202123099)
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Investment property!!! 3 Building Complex situated upon Shaker Grounds, total of 14 units, mix of one, two and three bedrooms units owner supplies heat & hot water. Brand New roof on building 1 & some apartments have been updated. Historic development setting for townhouse style apartments on four plus acre site. Barn/Garage potential to expand & build subject to town approval. Current Cash on cash Cap rate is 9%. Rent roll, survey & plot map available to view. Come make this your next project in the great location of South Colonie! Very Good Condition
| DAYS ON MARKET | 251 | LAST UPDATED | 3/18/2022 |
|---|---|---|---|
| YEAR BUILT | 1817 | COUNTY | Albany |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| School District | South Colonie |
|---|
| PRICE HISTORY | |
| Prior to Aug 25, '21 | $1,500,000 |
|---|---|
| Aug 25, '21 - Today | $1,299,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BARN/EQUESTRIAN | Yes |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Oil |
| LOT | 4.13 acre(s) |
| LOT DESCRIPTION | Private, Wooded |
| PARKING | Off Street |
| SEWER | Septic Tank |
| STYLE | Apartment 4 Plus Unit, Other, See Remarks |
| TAXES | 14590.00 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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