Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.
Property Details
- Basement: Full
- Bathrooms: Full 13, Half 1
- Bathrooms 1/2: 1
- Bedrooms: 18
- Cooling: Window Unit(s)
- County: Rensselaer
- Estimated Taxes: $40,612
- Exterior: Other, Brick, Vinyl Siding
- Exterior Features: Garden
- Garage: 2
- Heat: Baseboard, Forced Air, Hot Water, Natural Gas
- Interior Features: Vaulted Ceiling(s), Cathedral Ceiling(s)
- Parking Spaces: 2
- Property Style: Other
- School District: Lansingburgh
- Sewer: Public Sewer
- Square Feet: 7,885
- Town: Troy
- Water: Public
- Year Built: 1890
