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382-386 3rd Ave., Watervliet, NY 12189

$ 574,900

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382-386 3rd Avenue,

1950

Calling all investors! This is a prime multi-family opportunity. Turn-key investment. Nothing to do but collect rent! Meticulously maintained, everything new and recently remodeled. Fully rented, with a property manager who lives in one of the units. Large units. Forced air heat and central air in each unit! Current gross annual income is $75,900 ($6,325/mo), but rents could be much higher. Two 3-bedroom 1.5-bath units, one 2-bedroom 1-bath unit, and five 1-bedroom 1-bath units. On bus route. Central location, close to everything – Albany, Colonie, Latham, Troy, Cohoes, Clifton Park!

Two washers and dryers in basement laundry (opportunity for extra income if made into coin-op). Tenants pay their own utilities. Watervliet schools.

Address: 382-386 3rd Avenue
State/County:
Zip: 12189
Country: United States
Property Id : 18835
Price: $ 574,900
Property Size: 10,194 ft2
Garages: None
Garage Size: N/A
No. Of Units: 8
Unit 1: 382 1st Fl Bedrooms: 1 Beds 382 1st Fl Bathrooms: 1 Bath 382 1st Fl Rent: $660
Unit 2: 382 2nd Fl Bedrooms: 3 Beds 382 2nd Fl Bathrooms: 1.5 Bath Unit 1 Rent: $1,280
Unit 3: 384 1st Fl Bedrooms: 1 Beds 384 1st Fl Bathrooms: 1 Bath 384 1st Fl Rent: $770
Unit 4: 384 2nd Fl Bedrooms: 1 Beds 384 2nd Fl Bathrooms: 1 Bath 384 2nd Fl Rent: $730
Unit 5: 386 1st Fl Bedrooms: 1 Beds 386 1st Fl Bathrooms: 1 Bath 386 1st Fl Rent: $600
Unit 6: 386 2nd Fl Bedrooms: 3 Beds 386 2nd Fl Bathrooms: 1.5 Bath 386 2nd Fl Rent: $1,075
Unit 7: 382 Rear Bedrooms: 1 Beds 382 Rear Bathrooms: 1 Bath 382 Rear Rent: $660
Unit 8: 386 Rear Bedrooms: 2 Beds 386 Rear Bathrooms: 1 Bath 386 Rear Rent: $550 (Manager's Unit)

Vitaliy Volpov

Associate Real Estate Broker
(518) 407-5752
succeedrei@gmail.com

Contact Me