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Listed by Joseph P Cardinale • Howard Hanna Capital Inc

$ 2,400,000

Est. payment -/mo

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Active

462-470 2nd Avenue Troy, NY 12182

18 Beds

14 Baths

7,885 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,885 sqft

Price per Sqft $304

MLS Listing ID 202626830

Bedrooms 18

Full Baths 13

Half Baths 1

HOA Y/N No

Year Built 1890

Annual Tax Amount $40,611

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Multi Family

Source Global MLS

Property Description

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%.

Location

State NY

County Rensselaer

Direction Continue onto 112th St Turn right onto 2nd Ave

Interior

Interior Features Vaulted Ceiling(s), Cathedral Ceiling(s)

Heating Baseboard, Forced Air, Hot Water, Natural Gas

Flooring Tile, Hardwood

Exterior

Exterior Feature Garden

Parking Features Detached, Garage

Garage Spaces 2.0

Roof Type Rubber,Shingle

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Lansingburgh

Others

Tax ID 80.63-12-9

Special Listing Condition Standard

Virtual Tour https://app.doaudiotours.com/unbranded?id=31245&lang=en-US

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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