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+15188999500
Red Door Realty NY
2003 Hamburg Street, Rotterdam, NY 12304
- $329,900
- 6
- BD
- 4
- BA
- 3,024
- SqFt
- List Price
- $329,900
- MLS#
- 202626557
- Style
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Half-bathrooms
- 1
- Subdivision
- Select One
Property Description
Excellent investment opportunity in the Mohonasen School District! This triplex offers three income-producing units plus a separate additional building, a and major recent improvements. The spacious first-floor apartment features 4 bedrooms and 1.5 baths and currently rents for $1,800/month. The second floor consists of two 1-bedroom, 1-bath apartments currently renting for $750 and $850/month, respectively, for a total current gross rental income of $3,400/month. Adding even more versatility is a separate building formerly used as a jewelry shop and currently utilized as a workshop--offering excellent potential for storage, workspace, or other permitted uses. The property also features a large fenced-in backyard, brand-new septic system, brand-new roof, and public water. With strong existing rental income and the potential for a double-digit cap rate depending on purchase price and operating expenses, 2003 Hamburg Street presents an exciting opportunity for investors looking to add a unique multi-unit property to their portfolio. Convenient Schenectady-area location within the Mohonasen School District. Don't miss this opportunity!
Additional Information
- Taxes
- $4,988
- Acres
- 0.18
- Lot Description
- Corner Lot, Cleared, Private
- School District
- Mohonasen
- Interior Features
- High Speed Internet
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Exterior Features
- Other
- Construction
- Vinyl Siding
- Roof
- Shingle, Asphalt
- Sewer
- Septic Tank
- Water
- Public
Mortgage Calculator
Listing courtesy of listing agent Joshua Wolin with Coldwell Banker Prime Properties Brokerage, 914-980-9309.
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