382-386 3rd Ave., Watervliet, NY 12189
$ 574,900
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382-386 3rd Avenue, Watervliet
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.
