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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!

Property Details of 187 Old Niskayuna Road, Unit 5

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Listed by Jennifer Hallowell of Cartier Real Estate Group LLC
 "Based on information submitted to NY_GCAR_FLEX as of January 28, 2022 10:24 AM 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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