187 OLD NISKAYUNA Road, Colonie, NY 12110 (MLS # 202131042)
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Investors Take Note: Profitable and Well-Maintained Multi-family in a Fabulous location off exit 5! This Stately, Newtonville 5-unit home sits in a highly-desirable neighborhood. Each apartment has been updated with modern kitchens and baths & several offer amenities like hardwood floors, granite countertops, laundry, & stainless steel appliances. There's ample off street parking, plus 6 oversized garage bays to be rented. Classic front porches/portico areas & 1+ acre lot provide outdoor living/entertaining space for renters! All units have separate heat/electric meters paid by tenants.Solid tenants are month-to-month & property currently provides a 7% CAP rate that could easily be higher with an expected rent increase as they are below market. Condition, location, potential!
| DAYS ON MARKET | 125 | LAST UPDATED | 2/24/2022 |
|---|---|---|---|
| YEAR BUILT | 1954 | COUNTY | Albany |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| School District | North Colonie (including Maplewood) |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Walk-Out Access, Yes |
| CONSTRUCTION | Stone, Vinyl Siding |
| HEAT | Electric, Forced Air, Hot Water, Natural Gas, Radiant, Radiant Floor, Zoned |
| LOT | 1.08 acre(s) |
| PARKING | Detached,Off Street |
| SEWER | Public Sewer,Shared Septic |
| STORIES | 2 |
| STYLE | 2 Story, Apartment 4 Plus Unit, Traditional |
| TAXES | 8285.00 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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This listing courtesy of Cartier Real Estate Group LLC
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