Sunbelt Surge: 15 Cities Dominating the Growth Charts
Simply investing in any metro Sunbelt market is not a recipe for success. To catch a cresting wave of appreciation and cash flow, you’ll need to dive deep into the metrics […]
Warning: These States and Cities Are Becoming Uninvestable Due to Politics
Taxes and regulations impact your bottom line as an investor—and not always in direct or obvious ways. Unfortunately, as soon as you start talking about either one, the average person closes their […]
This is a 3-unit, 3,500 square-foot building in a great location in Downtown Rensselaer, NY. It definitely needs TLC, but has a ton of potential. There is a huge attic with room for a 4th unit or a master suite (subject to City approval). There are already 4 gas meters on the premises and some plumbing and electrical already in the attic.
Very large apartments with great natural light. A true must see. Lots of off street parking and a garage for added income. Great bones to this building.
Here are some details:
1st fl Unit: 3 bds, 1 bth - Est. Rent $1,000/mo
2nd fl Unit: 3 bds, 1 bth - Est. Rent $1,100/mo
3rd fl Unit: 2 bds, 1 bth - Est. Rent $900/mo
Attic: if Master Suite add Est. Rent $350/mo <or> Studio add Est. Rent 550/mo
The property needs work, but it will definitely be worth the investment. There are some very strong sold comps in the area: Click Here to View Listings
PM, text, or call me for showing information. Motivated sellers. Bring offers!!!