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$ 1,300,000
Est. payment | /mo
6 Baths
5,376 SqFt
$ 1,300,000
Est. payment | /mo
6 Baths
5,376 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $241
MLS Listing ID 11929681
Style Walk-up
Full Baths 6
Year Built 1931
Annual Tax Amount $15,807
Lot Size 2,660 Sqft
Property Description
Welcome to a lucrative investment opportunity in the heart of Glendale! This meticulously maintained brick 6-family building offers a stable and profitable venture in the bustling real estate market. Property Features: Six 2-Bedroom Railroad Style Apartments: Each unit offers spacious living areas, providing tenants with comfort and convenience. Full Basement with New Boiler: The property boasts a fully equipped basement with a new boiler, ensuring efficient heating throughout the building. Updated Roof and Hot Water Tank: With a rubber roof only 5 years old and a new hot water tank, maintenance concerns are minimized, providing peace of mind for investors. Prime Location: Situated in Glendale, this property is conveniently located close to transportation hubs, shops, and major highways, offering tenants easy access to all necessities and amenities. Investment Potential: With rent-stabilized units and significant upside potential, this property presents a rare opportunity for investors. Whether you're looking to expand your portfolio or start your real estate journey, this property offers a solid foundation for long-term financial success. Don't miss out on this exceptional investment opportunity in Glendale! Take advantage of the thriving rental market and secure your financial future today. Contact us now to schedule a viewing and explore the potential of this prime investment property! Unit #1 - Residential Income, Gross Area: 896, Net Leasable Area: 896, Rent Price: 1600, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 1 Unit #2 - RESIDENTIAL_INCOME, Gross Area: 896, Net Leasable Area: 896, Rent Price: 1320, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 2 Unit #3 - RESIDENTIAL_INCOME, Gross Area: 896, Net Leasable Area: 896, Rent Price: 1260, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 3 Unit #4 - RESIDENTIAL_INCOME, Gross Area: 896, Net Leasable Area: 896, Rent Price: 1087, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 4 Unit #5 - RESIDENTIAL_INCOME, Gross Area: 896, Net Leasable Area: 896, Rent Price: 1261, Bedrooms: 2, Occupied, Unit Count: 5 Unit #6 - RESIDENTIAL_INCOME, Gross Area: 896, Net Leasable Area: 896, Rent Price: 1280, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 6
Location
State NY
County 36081
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 3
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick
NEARBY SCHOOL & BUSINESS
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