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Updated 6 unit cash cow multifamily in the heart of Mechanicville. Great location next to all the shopping area. Currently, the month income is $5000 per month and the rent is under market value. 4 of 6 units have been updated. You can add coin- operated washer and dryer machine on the 1st floor. Unit 1-A is 4 bedroom, unit 1-B is small 3 bedroom, apt1-3 is one bedroom, apt 4 is 2 bedroom. The annual expense is about 16-17k. the cap with these number is 11.27% and laundry is not even added. The owner supply heated, water, hotwater to all units except apt3 (water, hotwater). Apt 1-A & 1-B also included ELECTRIC. The heater system is gas baseboard. All the tenant are current and is paying rent. Please send pre-approval letter before scheduling showing. Agent is related to owner

Property Details of 9 S Main Street, Unit 6

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Listed by Tong Cheng Zhang of Premium Realty Group
 "Based on information submitted to NY_GCAR_FLEX as of January 16, 2022 4:53 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."
 
 

 

 

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