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Apartments for Rent, ListingId:73216526, location: 187 OLD NISKAYUNA Road Colonie 12205
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(518) 321-5762

Property Description

Investors Take Note: Profitable and Well-Maintained Multi-family in a Fabulous location off exit 5! This Stately, Newtonville 5-unit home sits in a highly-desirable neighborhood. Each apartment has been updated with modern kitchens and baths & several offer amenities like hardwood floors, granite countertops, laundry, & stainless steel appliances. There's ample off street parking, plus 6 oversized garage bays to be rented. Classic front porches/portico areas & 1+ acre lot provide outdoor living/entertaining space for renters! All units have separate heat/electric meters paid by tenants.Solid tenants are month-to-month & property currently provides a 7% CAP rate that could easily be higher with an expected rent increase as they are below market. Condition, location, potential!

Exterior Features

  • 18 Spaces Parking

Legal/Financial

  • 8285 Taxes

Listing Features

  • Rental; Multi Family Property Type

Room Details

  • Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath Additional Areas

Data Provided By

Global Multiple Listing Service, Inc

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Rental Search Assistant

  • Colonie
  • NY
  • 12205
  • 73216526
  • 187 OLD NISKAYUNA Road
  • ALBANY County
  • Sale Pending
  • Current Search Criteria

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