22 2nd Avenue Active

Troy,NY 12180

$ 725000

12 Beds

8 Baths

4508 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,508 sqft

Price per Sqft $160

MLS Listing ID 202514778

Bedrooms 12

Full Baths 8

Year Built 1920

Annual Tax Amount $10,901

Lot Size 4,356 Sqft

Property Sub-Type Multi Family

Property Description

This 8-unit multi-unit property is an outstanding investment opportunity. The rents for each unit have been brought up to market value, with a high ROI of 12.1% and cap rate of 9.6%. Including many upgrades throughout the building. 2 units are currently available. May 1st, the units will be filled, which will complete the 8 units being fully occupied. Close to public transportation and restaurants.

Location

State NY

County Rensselaer

Zoning Multi Residence

Interior

Heating Baseboard,Electric,Natural Gas

Exterior

Exterior Feature None

Building

Sewer Public Sewer

Water Public

Schools

School District Lansingburgh

Others

Special Listing Condition Other

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