462-470 2nd Avenue

$2,400,000

Home For Sale - Active

Multi-Family
MLS # 202613763

Listing Provided By: Howard Hanna Capital Inc Joseph P Cardinale518-755-2064

Property Details

Acres: 0.42
Total Square Feet: 7,885
Above Ground Square Feet: 7885
Town: Troy
Property Type: Multi-Family
Bedrooms: 18
Full Bathrooms: 13
1/2 Bathrooms: 1
School District: Lansingburgh
Estimated Taxes: $40,612
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Forced Air, Hot Water, Natural Gas
Garage: 2
Property Style: Other
Basement: Full
Exterior: Other, Brick, Vinyl Siding
Exterior Features: Garden
County: Rensselaer
Cooling: Window Unit(s)
Parking Spaces: 2
Interior Features: Vaulted Ceiling(s), Cathedral Ceiling(s)

Remarks

Rare opportunity to own nearly half block of meticulously maintained 12 units apartment.See the high end apartments with exquisite wood work, finishes, fixtures & exposed brick walls. The buildings are surrounded by gardens and open space, on the corner across from Stewart's and CVS, cross the 112th street bridge to Cohoes. Minutes to Downtown Troy, 787 and Rt 7. Many long term tenants provide steady income. Current cap rate 7% with a high market cap rate of 8.7%.

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Contact Daniel Davies

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