***Open House Saturday, 6/13, from 10:30 - 12:30*** Halfmoon triplex in the Shenendehowa district -- updated, occupied, and producing. Three 2BR/1BA units at $4,150/month current rents. Recent improvements: new siding, windows, back deck, flooring, and bathrooms. All three units are below a conservative $1,550/month area market rate -- $500/month in combined rent upside when leases turn. At market rents: 7.95% cap, $735/month cash flow. The numbers work today and improve materially with the roll. Priced at $150K/unit, below every comparable per unit pricing sales in the district.
Listing courtesy of listing agent Jason D Young with Real Broker NY LLC Brokerage, 518-878-8749.
Selling Office: KW Platform.©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