Welcome to 1525 6th Avenue in Watervliet, a well-maintained two-family duplex offering a strong investment opportunity in a desirable Capital District rental location. This 2,464 sq ft property features two units totaling 5 bedrooms and 2 full baths, with separate utilities and solid income potential. The first-floor unit offers 3 bedrooms and 1 bath and is currently rented month-to-month for $1,450, providing immediate cash flow. It features granite countertops, laminate flooring, and a kitchen island. The second-floor unit includes 2 bedrooms plus a bonus room and 1 bath and was previously rented for $1,250, offering an opportunity to place a new tenant or occupy the unit while the upstairs offsets the mortgage! Additional details include natural gas hot water baseboard heat, vinyl siding, rubber roof and public water and sewer. A rare bonus is the oversized insulated outbuilding with electricity, ideal for storage, a workshop, or additional utility space. Delivering strong rental performance, this duplex presents an approximately 8% cap rate opportunity in a location convenient to major routes, employers, and everyday amenities. A smart addition to any Capital Region investment portfolio.
Listing courtesy of listing agent Robert Saumell Jr. with KW Platform Brokerage, 518-926-8282.
Selling Office: NH Capital Realty.©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated
/u.realgeeks.media/carrrealestategroupllc/Logo.png){kind=logo}