$237,500
Waterford, NY 12188
MLS# 202328326
Status: Closed
4 beds
1 / 7
Property Description
Discover a lucrative opportunity with this fully occupied 4-unit property generating immediate positive cash flow. Located in the heart of Waterford, enjoy the benefits of stability with long-term tenants in place, creating an income-generating investment from day one. The strategic location near amenities, transportation, and shopping ensures that any future vacancies of these one bedroom units are quickly filled. Nice sized, fenced yard for tenants to enjoy. Coin operated washer/dryer in basement for extra income. This turnkey investment property will be a great addition to your portfolio.
Details
Maps
Documents
Contract Information
Original List Price: 235000
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $237,500
Current Price: $237,500
Listing Contract Date: 2023-11-15
Location
City/Town (Mail): Waterford
Cross Street: Third Street
Street Number: 37
Street Name: Middle
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12188
Geo Lat: 42.789281
Geo Lon: -73.678623
Property Detail
Rooms Total: 9
Bathrooms Half: 0
Garage Spaces: 0
Parking Y/N: No
Living Area: 0
Lot Size Acres: 0.08
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 4
Year Built: 1900
Parcel, Tax, HOA
Parcel Number: 415401 291.79-1-31
Tax Annual Amount: 7312
Tax Section: 291.79
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 31.000
School District: Waterford-Halfmoon
Elementary School: Waterford
High School: Waterford
Association Y/N: No
Directions & Remarks
Directions: Middletown Rd, left on Broad Street. Right on 3rd. Property is on the corner of 3rd and middle.
Public Remarks: Discover a lucrative opportunity with this fully occupied 4-unit property generating immediate positive cash flow. Located in the heart of Waterford, enjoy the benefits of stability with long-term tenants in place, creating an income-generating investment from day one. The strategic location near amenities, transportation, and shopping ensures that any future vacancies of these one bedroom units are quickly filled. Nice sized, fenced yard for tenants to enjoy. Coin operated washer/dryer in basement for extra income. This turnkey investment property will be a great addition to your portfolio.
Sewer
Public Sewer: 1
Fencing
Back Yard: 1
Fenced: 1
Financial Details
General Taxes: 1438.65
General Taxes Description: Estimated
School Taxes: 4603.27
School Taxes Description: Estimated
Village Taxes: 648
Village Taxes Description: Estimated
Cooling
None: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Lot Features
Corner Lot: 1
Level: 1
Construction Materials
Brick: 1
Vinyl Siding: 1
Possession
At Closing: 1
Exterior Features
None: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Pet(s) on Premises: 1
Showing Service: 1
Other: 1
Special Listing Conditions
Standard: 1
Water Source
Public: 1
Heating
Hot Water: 1
Natural Gas: 1
Income And Expenses
Rental Income: 3052
Rental Income Description: Estimated
Insurance Expense: 1521
Insurance Expense Description: Estimated
Miscellaneous Expense: 1201
Miscellaneous Expense Description: See Remarks
Water Sewer Expense: 1592
Water Sewer Expense Desc.: Estimated
Heat Expense (Est): 4020
Laundry Features
In Basement: 1
Owner Pays
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Water: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Tenant Pays
Electricity: 1
Unit Information
Number Of Refrigerators: 4
Number Of Stoves: 4
Unit 1 Detail
Rent: 750
Rent Description Unit 1: Actual
Lease Term Unit 1: Month To Month
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 2 Detail
Rent: 677
Rent Description Unit 2: Actual
Lease Term Unit 2: Month To Month
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Unit 3 Detail
Rent: 800
Rent Description Unit 3: Actual
Lease Term Unit 3: Month To Month
Total Bedrooms: 1
Bedrooms on 1st Floor: 1
Total Full Baths: 1
Full Baths 1st Floor: 1
Unit 4 Detail
Rent: 825
Rent Description Unit 4: Actual
Lease Term Unit 4: Month To Month
Total Bedrooms: 1
Bedrooms on 2nd Floor: 1
Total Full Baths: 1
Full Baths 2nd Floor: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 2 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 3 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Unit 4 Appliances
Range: 1
Refrigerator: 1
Oven: 1
Status Change Info
Status Change Date: 2024-01-29
Under Contract Date: 2023-11-21
Sold Date: 2024-01-24
Sold Price: $237,500
Property Features
Basement: Full
Construction Materials: Brick; Vinyl Siding
Cooling: None
Exterior Features: None
Fencing: Back Yard; Fenced
Heating: Hot Water; Natural Gas
Laundry Features: In Basement
Levels: Two
Lot Features: Corner Lot; Level
Owner Pays: Gas; Heat; Hot Water; Sewer; Water
Possession: At Closing
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Occupied; Pet(s) on Premises; Showing Service; Other
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
Unit 1 Appliances: Range; Refrigerator; Oven
Unit 2 Appliances: Range; Refrigerator; Oven
Unit 3 Appliances: Range; Refrigerator; Oven
Unit 4 Appliances: Range; Refrigerator; Oven
Disclosures 
Listing Courtesy of KW Platform
Listing Agent: Sarah D'Angelo
518-209-6447 | sarah@thedangeloteam.com
518-209-6447 | sarah@thedangeloteam.com
