1619 5th Street, NY 12144

$242,000
22
BD
4
BA
4,400
SqFt

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Sold Price
$242,000
List Price
$249,000
Closing Date
Nov 27, 2023
MLS#
202323660
Bedrooms
22
Bathrooms
4

Property Description

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!

Additional Information

Taxes
$4,787
Acres
0.11
Lot Dimensions
50x100
Lot Description
Level
School District
Rensselaer
Heating
Baseboard
Cooling
Window Unit(s)
Exterior Features
None
Construction
Vinyl Siding
Roof
Rubber
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent John M Bevilacqua with The Property Shop Brokerage, 518-240-9938.

Selling Office: The Property Shop.

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