3D Tour- Multi-Family
- MLS # 202621635
Property Details
- Acres: 0.62
- Total Square Feet: 36,184
- Above Ground Square Feet: 25519
- Below Ground Square Feet: 10,665
- Town: Troy
- Property Type: Multi-Family
- School District: Troy
- Estimated Taxes: $16,762
- Water: Public
- Sewer: Public Sewer
- Heat: Baseboard, Electric, Heat Pump, Other
- Property Style: Apartment 4 Plus Unit
- Basement: Finished, Full
- Exterior: Block, Brick
- County: Rensselaer
- Cooling: Wall Unit(s), Other
- Parking Spaces: 30
- Interior Features: Other, High Speed Internet, Built-in Features
Remarks
Exceptional opportunity to acquire School One Lofts, a fully occupied 29-unit multifamily asset featuring approximately $3.1 million of assumable Fannie Mae financing at 5.23% and a long-term PILOT tax agreement through 2037. Originally converted from a historic school, the property offers spacious loft-style residences with oversized windows, original hardwood flooring, granite countertops, stainless steel appliances and in-unit laundry. Residents enjoy on-site parking and ''All-In Living'' package, which combines fiber internet, cable, electricity, heating, air conditioning and hot water into one monthly payment. Proven rental history, attractive in-place cash flow and operational upside through improved management efficiencies make this a strong investment opportunity.
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Contact an Agent
Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
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