Type: Private
Price: $249,000
Location: Troy, New York
Address: 1619 5th Street
Zip: 12144
Year: 1905
Bedrooms: 22
Bathrooms: 4
Size: 4392 square feet
Condition: Used
Incredible value add opportunity with potential to earn a high double digit cap rate after renovations.
Solid 4 unit with good bones, all apartments need cosmetic rehab, mechanicals in good shape, tenants pay separate utilities. All 4 units will be able to be gross $50k+ after rehab, and NOI of $40k+ is very realistic. Put $25k in your pocket after the mortgage! Don't miss this opportunity before its gone!