4 Homestead Avenue, NY 12304
- $225,000
- 3
- BD
- 2
- BA
- 1,020
- SqFt
- List Price
- $225,000
- MLS#
- 202625818
- Style
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Subdivision
- Select One
Property Description
Opportunity and flexibility come together in this legal two-family bungalow, ideal for an owner-occupant, multi-generational living, or an investor building their rental portfolio. The first-floor apartment offers 2 bedrooms and 1 bath, while the second-floor apartment features 1 bedroom and 1 bath. Each unit has its own deck, separate electric meter, and mini-splits for heating and air conditioning. Estimated rents of approximately $1,300/month for the lower unit and $1,000/month for the upper unit, plus taxes and insurance, offer potential for $2,300 a month in income and a 10% cap rate. Live in one and rent the other to help offset your housing costs, rent both, or create a comfortable setup for extended family. A detached one-car garage adds parking and storage. With some personal touches and updates, this property offers an opportunity to make it your own while adding value over time. Conveniently located on a pleasant residential street close to shopping, dining, services, and everyday conveniences.
Additional Information
- Taxes
- $3,925
- Acres
- 0.09
- School District
- South Colonie
- Heating
- Electric, Ductless
- Cooling
- Ductless
- Exterior Features
- None
- Construction
- Vinyl Siding
- Garage Spaces
- 1
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Listing courtesy of listing agent Alicia C Everett with Keyology Realty Brokerage, 518-813-3540.
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