1004 Ostrander Place, NY 12303

$675,000
18
BD
12
BA
7,965
SqFt

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Sold Price
$675,000
List Price
$599,000
Closing Date
Nov 14, 2024
MLS#
202426141
Style
Apartment 4 Plus Unit
Bedrooms
18
Bathrooms
12
Subdivision
Select One

Property Description

Discover this highly profitable 12-unit apartment complex, featuring spacious six 2-bedroom units in front of the building and six 1-bedroom units in the back side of the building. With a solid track record of exceptional cash flow. With low vacancy rates and strong rental demand, this property has been a consistent income generator for the current owner. A portion of the roof was replaced a few years ago and a brand new steam radiator furnace have been installed within last a few years, ensuring added value and reduced maintenance costs. Perfect for investors seeking reliable returns, this is a prime rental property not to be missed! There are separate gas and electrical meters for all 12 units. Rents are low, can be increased. Perfect property to add to your portfolio.

Additional Information

Taxes
$10,734
Acres
0.21
Lot Dimensions
9167
School District
Schenectady
Heating
Steam, Radiant
Exterior Features
None
Construction
Wood Siding
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of listing agent Imam Hussain with NAI Platform LLC Brokerage, 518-227-0616.

Selling Office: Jandali Realty.

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