Bought with Amanda Sponable-Pantalone • J Paul Realty Group LLC
$260,000
$265,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
124 Mountainview Avenue Brunswick, NY 12180
7 Beds
2 Baths
2,000 SqFt
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $130
MLS Listing ID 202611508
Bedrooms 7
Full Baths 2
Year Built 1890
Annual Tax Amount $4,650
Lot Size 5,662 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State NY
County Rensselaer
Interior
Heating Baseboard, Forced Air, Natural Gas
Exterior
Exterior Feature None
Parking Features Off Street, Paved, Garage
Garage Spaces 2.0
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Averill Park
Others
Special Listing Condition Standard
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