Turnkey 5-unit investment opportunity offering strong cash-flow potential and extensive updates throughout. This renovated multi-family property features beautifully refinished hardwood floors that add character, durability, and tenant appeal. Recent improvements also include fresh paint, updated lighting, electrical devices, and smoke and carbon monoxide detectors, creating a clean, move-in-ready environment for… Read More future tenants. Each unit features a private entrance, providing added privacy and a desirable single-family feel. Several units offer porch or balcony space, while the front and rear yard areas provide additional outdoor enjoyment. Spacious layouts, large bedrooms, and attractive finishes help support strong rental demand and long-term tenant retention. A major advantage for investors is that all units are separately metered for gas and electric, allowing tenants to pay their own utilities and helping keep owner expenses low. The property also includes a detached 3-car garage, offering valuable additional income potential. Rent the bays separately for storage or parking, provide garage space as a premium tenant amenity, or utilize the building for owner storage. Projected rents are approximately $4,750 per month, with the opportunity to increase overall revenue through garage rentals. The combination of strong income potential, separate utilities, and recent renovations creates an attractive investment opportunity with multiple income streams. Situated on a corner lot, the property benefits from excellent visibility, accessibility, and tenant appeal. Whether you're looking to expand your portfolio, pursue a BRRRR strategy, or acquire a strong buy-and-hold asset, this property offers the features investors seek most: refinished hardwood floors, private entrances, separate utilities, outdoor space, detached garage income potential, and strong cash-flow opportunity. Read Less
Courtesy of Angela Gonyo (518-390-7059), Wolf River Real Estate, LLC.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Multi Family
Beds
7
Full Baths
5
Lot Size
0.2 Acres
Year Built
1940
MLS Number
202618818
30 Days Snapshot Of 12078
$223k
-11%
(avg) sold price
11
+22%
homes sold
98
-41%
(avg) days on market
Snapshot
Area Map
Additional Details
Taxes
Tax Lot: 1.000, Annual Amount: $4,243
Basement
Basement: "Full", "Unfinished"
Building
Architectural Style: "Traditional", Construction Materials: "Other", Living Area: 3,280, Number Of Units Total: 5, Year Built: 1940
Cooling
Cooling: "None"
Exterior Features
Features: "None"
Fence
Fencing: "None"
Floors
Flooring: "Vinyl", "Hardwood", "Laminate"
Garage
3 garage spaces
Heating
Heating: "Hot Water", "Natural Gas", Heating Included
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