$475,900
Cohoes, NY 12047
MLS# 202618422
Status: Pending
10 beds
1 / 9
Property Description
Outstanding Investor Opportunity! Elevate your portfolio with this turnkey, all-brick 4-unit multi-family powerhouse situated right in the heart of Cohoes. Generating a strong monthly rent roll of $5,800 when fully occupied, this property is an absolute cash cow for savvy investors or an incredible chance for buyers looking to house-hack and live for free! The building features a high-occupancy layout with 10 total bedrooms spread across four spacious apartments: Unit 1 (Basement): 1 Bedroom / 1 Bath. Units 2, 3, & 4 have 3-Bedroom layouts. Extensive recent capital improvements offer total peace of mind and low future maintenance. Enjoy premium curb appeal with a brand-new front exterior facelift and clean aluminum wrap, paired with brand-new vinyl siding across the entire rear exterior. Investor-Friendly Mechanics & Logistics Separate Utilities, Tenants pay their own heat and electric, with 4 separate natural gas and electric meters. Easy Showings: The 1st-floor unit is intentionally left vacant, allowing you to tour the property with ease and set your own market rent immediately upon closing. Whether you are looking to expand your rental empire or jumpstart your real estate journey, this low-maintenance, high-return asset is ready to perform from day one. Schedule your tour today before it's gone!
Details
Maps
Documents
Contract Information
Original List Price: 475900
List Price/SqFt: 136.75
Status: Pending
Property Sub Type: Quadruplex
List Price: $475,900
Current Price: $475,900
Listing Contract Date: 2026-05-29
Location
City/Town (Mail): Cohoes
Street Number: 164
Street Name: Main
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12047
Geo Lat: 42.767522
Geo Lon: -73.700108
Property Detail
Rooms Total: 21
Bathrooms Half: 0
Garage Spaces: 0
Above Grade Finished Area: 3480
Above Grade Finished Area Source: CRS
Parking Y/N: No
Below Grade Finished Area: 860
Below Grade Finished Area Source: CRS
Living Area: 3480
Zoning: Multi Residence
Deed Restrictions: No
Lot Size Dimensions: 25 X 166
Lot Size Acres: 0.1
Main Road Frontage: 25
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Survey Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 10
Bathrooms Full: 4
Year Built: 1958
Status Change Info
Proposed Closing Date: 2026-07-17
Status Change Date: 2026-06-04
Under Contract Date: 2026-06-02
Parcel, Tax, HOA
Parcel Number: 010300 10.83-2-5
Tax Annual Amount: 5736
Tax Section: 10.83
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 5.000
School District: Cohoes
Association Y/N: No
Directions & Remarks
Directions: 787 South to Mohawk St, to right on Columbia, left onto Main St.
Public Remarks: Outstanding Investor Opportunity! Elevate your portfolio with this turnkey, all-brick 4-unit multi-family powerhouse situated right in the heart of Cohoes. Generating a strong monthly rent roll of $5,800 when fully occupied, this property is an absolute cash cow for savvy investors or an incredible chance for buyers looking to house-hack and live for free! The building features a high-occupancy layout with 10 total bedrooms spread across four spacious apartments: Unit 1 (Basement): 1 Bedroom / 1 Bath. Units 2, 3, & 4 have 3-Bedroom layouts. Extensive recent capital improvements offer total peace of mind and low future maintenance. Enjoy premium curb appeal with a brand-new front exterior facelift and clean aluminum wrap, paired with brand-new vinyl siding across the entire rear exterior. Investor-Friendly Mechanics & Logistics Separate Utilities, Tenants pay their own heat and electric, with 4 separate natural gas and electric meters. Easy Showings: The 1st-floor unit is intentionally left vacant, allowing you to tour the property with ease and set your own market rent immediately upon closing. Whether you are looking to expand your rental empire or jumpstart your real estate journey, this low-maintenance, high-return asset is ready to perform from day one. Schedule your tour today before it's gone!
Sewer
Public Sewer: 1
Architectural Style
Traditional: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Single Phase: 1
Fencing
Back Yard: 1
Fenced: 1
Partial: 1
Wood: 1
Financial Details
General Taxes: 2354
General Taxes Description: Actual
School Taxes: 3382
School Taxes Description: Actual
Attic Features
Hatch: 1
Part: 1
Cooling
None: 1
Basement
Apartment: 1
Finished: 1
Full: 1
Heated: 1
Interior Entry: 1
Walk-Out Access: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 2nd
Full Bath 3: Basement
Full Bath 4: 3rd
Lot Features
Level: 1
Road Frontage: 1
Construction Materials
Brick: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Tile: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Lockbox: 1
Occupied: 1
Showing Service: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Roof
Rubber: 1
View
City: 1
Water Source
Public: 1
Foundation Details
Brick/Mortar: 1
Heating
Baseboard: 1
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 5800
Rental Income Description: Monthly
Total Income: 69600
Total Income Description: Annual
Insurance Expense: 1727
Insurance Expense Description: Actual
Water Sewer Expense: 960
Water Sewer Expense Desc.: Actual
Operating Expense: 7785
Net Operating Income: 59727
Interior Features
Built-in Features: 1
Ceramic Tile Bath: 1
Patio And Porch Features
Porch: 1
Rear Porch: 1
Owner Pays
Management: 1
Sewer: 1
Snow Removal: 1
Trash Collection: 1
Water: 1
Levels
Quad-Level: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Alarm: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Water Heater: 1
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Internet: 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: Basement
Unit Available MF Unit 1: MTM
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1000
Rent Desc. MF Unit 1: Actual
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Includes
Bathroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 1 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Detail
Rent: 1000
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Occupant Type Unit 1: Tenant
Kitchen Unit 1: Eat In
Total Rooms Unit 1: 4
Total Bedrooms: 1
Total Full Baths: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1st Fl
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1600
Rent Desc. MF Unit 2: Estimated
Lease Term MF Unit 2: Month To Month
Total Rooms MF Unit 2: 6
Total Bedrooms MF Unit 2: 3
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Detail
Rent: 1600
Rent Description Unit 2: Estimated
Lease Term Unit 2: Month To Month
Occupant Type Unit 2: Vacant
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 6
Total Bedrooms: 3
Total Full Baths: 1
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 2nd Fl
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1600
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: Month To Month
Total Rooms MF Unit 3: 6
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 3 Detail
Rent: 1600
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Occupant Type Unit 3: Tenant
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 6
Total Bedrooms: 3
Total Full Baths: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 3rd Fl
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1600
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: Month To Month
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 3
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Maintenance Grounds: 1
Management: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 4 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Refrigerator: 1
Stove: 1
Unit 4 Detail
Rent: 1600
Rent Description Unit 4: Actual
Lease Term Unit 4: Month To Month
Occupant Type Unit 4: Tenant
Kitchen Unit 4: Eat In
Total Bedrooms: 3
Total Full Baths: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Property Features
Architectural Style: Traditional
Attic Features: Hatch; Part
Basement: Apartment; Finished; Full; Heated; Interior Entry; Walk-Out Access
Construction Materials: Brick
Cooling: None
Electric: 200+ Amp Service; Circuit Breakers; Single Phase
Exterior Features: None
Fencing: Back Yard; Fenced; Partial; Wood
Flooring: Ceramic Tile; Laminate; Tile; Vinyl
Foundation Details: Brick/Mortar
Heating: Baseboard; Hot Water; Natural Gas
Interior Features: Built-in Features; Ceramic Tile Bath
Levels: Quad-Level
Lot Features: Level; Road Frontage
Other Structures: None
Owner Pays: Management; Sewer; Snow Removal; Trash Collection; Water
Patio And Porch Features: Porch; Rear Porch
Possession: At Closing
Roof: Rubber
Security Features: Carbon Monoxide Detector(s); Fire Alarm
Separate Utilities: Electric; Gas; Heat; Water Heater
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox; Occupied; Showing Service; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water; Internet
Utilities: Cable Connected
Water Source: Public
Unit 1 Includes: Bathroom; Dining Room; Kitchen; Living Room; Refrigerator; Stove
Unit 1 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 1 Appliances: Range; Refrigerator
Unit 2 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 2 Appliances: Range; Refrigerator
Unit 3 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 3 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 3 Appliances: Range; Refrigerator
Unit 4 Owner Furnish Features: Maintenance Grounds; Management; Sewer; Snow Removal; Trash; Water
Unit 4 Includes: Bathroom; Kitchen; Living Room; Refrigerator; Stove
Unit 4 Appliances: Range; Refrigerator
School Taxes 
Listing Courtesy of Carr Real Estate Group, LLC
Listing Agent: Richard Carr
518-488-2434 | richc1976@gmail.com
518-488-2434 | richc1976@gmail.com