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2421 Phillips Road
Castleton, NY 12033

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Property Details


List Price: $169,000
Beds: 6
Baths: 3
Status: Active
SqFt: 2088
Agency: Vera Cohen Realty, LLC

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Description/Comments


Lot Size: 1 acre(s)
Property Type: MultiFamily
Year Built: 1879
Notes: Attention Investors! This multi-family, 3 unit property in Schodack is 5 minutes from the new Amazon warehouse. Has an 18% capitalization rate, 1.26 acres, is fully rented with long term tenants and assessed at $205,000. Needs some TLC but consistent money maker. Most windows, siding and roof replaced within last 10 yrs. New well in 2015 but currently running off shared well from seller's property. Cash, rehab or conventional financing preferred. Gross rents of $32,400.per year. House contains 2 units (up and down)-3Br in downstairs, huge kitchen , dining, living room area; up has small deck and enclosed porch, 1 BR open kitchen/living room area; separate unithas 2-3BR, own basement, concrete patio out back.


Listing Provided By: Vera Cohen Realty, LLC, original listing
Office Phone: 477-7355
Agent Name: Sandra Thomson


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