Rare opportunity to own a 6 unit building in Schenectady with a sizeable parking lot and 4 garages. Fully occupied producing a respectable $89,000 a year in gross rents and being offered at an 8.4% cap rate. This building has a mix of (2) 2BR apartments, (3) 1BR apartments, and (1) studio apartment. With (2) single car garages and (2) 2 car garages, this building has long term upside mixed with short term cashflow.
Listing courtesy of listing agent Stephen M McCormick with Tier One Real Estate Pros LLC Brokerage, 518-698-6321.
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