1301 Broadway

$250,000
Home For Sale - Active
  • Multi-Family
  • MLS # 202616027
Listing Provided By: KW Platform Patrick Dunn518-407-9834

Property Details

  • Acres: 0.14
  • Total Square Feet: 4,820
  • Above Ground Square Feet: 4820
  • Town: Watervliet
  • Property Type: Multi-Family
  • Bedrooms: 11
  • Full Bathrooms: 5
  • School District: Watervliet
  • Estimated Taxes: $7,820
  • Water: Public
  • Sewer: Public Sewer
  • Heat: Baseboard, Space Heater, Natural Gas, Wood Stove
  • Garage: 2
  • Property Style: Traditional
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Exterior: Brick
  • Exterior Features: Other
  • County: Albany
  • Cooling: None
  • Parking Spaces: 2
  • Interior Features: Paddle Fan, Tray Ceiling(s), Built-in Features

Remarks

Investor Alert! Strong value add opportunity in a prime Watervliet location. This 4 unit property offers significant upside with a unit mix of two 1 bed 1 bath units, one 4 bed 2 bath unit, and one 5 bed 1 bath unit with a private laundry room. Excellent income potential with BRRR upside, potential to reconfigure into a 5 unit setup, and strong short term rental appeal. Property requires a full renovation and is being sold as is. Cash only, will not qualify for traditional financing. A substantial amount of renovation materials are already on site and ready for installation, helping streamline the project. With an estimated after repair value of $500K+, this is a compelling opportunity for investors looking to build equity. Situated on a corner lot with a 2 car garage and off street parking. Schedule your private tour today.

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Contact Daniel Davies

Contact Daniel Davies

NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

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