River Townhome/Townhouse Sale Pending
48 Hour Contingency. Owner occupied opportunity as of 11/1/24 for beautiful corner unit (or bring new tenant in at higher rent) Ability to raise rents further over next 9 months across all units (by July 2025) It is rare that the opportunity to own a class A 4 unit rental property on the water like this comes along. This property is only 4 years old. Nothing to do but collect rents. 3BR and 3B in each unit. Current construction estimates to build are 1.5-1.75M to build today. $10k in monthly rents can be higher. Financial projections are attached. Flood insurance only $654/year. Short term rental opportunity as well as potential subdivision to make townhouses. Each unit has a garage, awesome decks, and views of the historic Erie Canal! 3D tour attached.Property Details
- Beds: 12
- Baths: 12.0
- Sq Feet: 6096
- Year Built: 2020
- Location: Hudson River - Rensselaer County
- Acres: 0.180
- Riverfront: Yes
- Riverview: Yes
- ViewTypes: Bridge, Lake, River, Water
- County: Saratoga County
- Heat/AC: Forced Air
- Garage: Driveway, Garage, Off Street, Paved or Surfaced
- Siding: Vinyl Siding
- Roof: Asphalt
- Property Taxes: $7,773
- MLS #: 202419783
Location
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Contact Information:
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Listing Agent: Kevin Clancy, Clancy Real Estate, LLC, 518-461-9937, 151-886-1701 Listing Site, Listing Status: Pending
Copyright © 2024 Global MLS, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 5077541 |
| Viewed: | 157 times |
| Added: | Jun 21, 2024 |
| Updated on: | Sep 27, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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