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124 Mountainview Avenue

Troy, NY 12180

Active

$265,000

Listing by:
Joseph P Cardinale
Howard Hanna Capital Inc
518-755-2064

INCOME-PRODUCING DUPLEX - VALUE-ADD OPPORTUNITY Excellent opportunity for investors seeking strong rental potential in the Averill Park School District. This 2-family duplex offers 2,000 sq ft with 7 bedrooms and 2 full baths with current cap rate of 10 % and net income cap rate of 12.7%. Each unit features large living room. The first-floor unit includes 3 bedrooms one bath ideal for increased rent or home-office demand. The second-floor unit offers 4 bedrooms one bath. Unfinished basement provides storage and future value-add potential. Situated on a 5,663 sq ft lot with a fenced backyard, 2-car garage, and additional off-street parking features tenants value. Vinyl siding, forced air and baseboard heating separate natural gas and electric. Property an ideal value-add investment with upside through upgrades, rent increases. Convenient location near schools, shopping, and major routes.

$265,000
7.0
Bedrooms
2
Bathrooms
2,000
Sq. Ft.
$ 133
$/Sq. Ft.
0.13
Acres
Year Built:
1890
County:
Rensselaer
School District:
Averill Park
Acres:
0.13
Listing Agent:
Joseph P Cardinale
Listing Office:
Howard Hanna Capital Inc
CONTACT A
BUYER'S AGENT

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Features

Square Feet: 2,000
Town: Troy
Bedrooms: 7
Full Bathrooms: 2
Estimated Taxes: $4,650
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Forced Air, Natural Gas
Garage: 2
Property Style: Other
Exterior: Vinyl Siding
Exterior Features: None
Parking Spaces: 3

Location



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