124 Mountainview Avenue, Troy, NY 12180

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Property Description

INCOME-PRODUCING DUPLEX - VALUE-ADD OPPORTUNITYExcellent 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.

124 Mountainview Avenue | MLS# 202611508

This multi-family property located at 124 Mountainview Avenue, Troy, NY 12180 is currently listed for sale with an asking price of $265,000. Mountainview Avenue is located within the Averill Park school district. Search Troy real estate on online.cbpp.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Garage: 2
Heating: Baseboard, Forced Air, Natural Gas
Home Style: Other
Lot Size: 0.13 Acres
Taxes: $4,650
Year Built: 1890

Feature Descriptions

Days on Site: 59
Exterior: Vinyl Siding
Exterior: None
Fencing: Back Yard
Parcel #: 382200 112.68-5-3
Parking: Off Street, Paved, Garage
Parking Total: 3
Parking Total: 3
Sewer: Public Sewer
SQFT Above Grade Finished: 2000
Water: Public

Local Schools

High School: Averill Park
School District: Averill Park

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Estimated Payment

$ 1,054.57 per month $589.78 Principal & Interest $387.50 Property Tax $77.29 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-371-4500

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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