$825,000
Mechanicville, NY 12118
MLS# 202324526
Status: Closed
9 beds
1 / 4
Property Description
Investment Opportunity! A rare find in Saratoga County, 11-unit residential brick building on Main St. A strong mix of tenants, great rental history, and prime location make this property turn-key to make money from day one and a great addition to any portfolio. Separate utilities, private parking, see docs or inquire for full financials.
Details
Maps
Documents
Contract Information
Original List Price: 850000
Status: Closed
Property Sub Type: Multi Family
Sold Price: $825,000
Current Price: $825,000
Listing Contract Date: 2023-09-11
Location
City/Town (Mail): Mechanicville
Street Number: 87
Street Direction Prefix: N
Street Name: Main
Street Suffix: Street
County: Saratoga
State/Province: NY
Postal Code: 12118
Geo Lat: 42.905508
Geo Lon: -73.684914
Property Detail
Number Of Units Total: 11
Rooms Total: 11
Bathrooms Half: 0
Garage Spaces: 0
Parking Y/N: Yes
Living Area: 0
Lot Size Acres: 0.21
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 9
Bathrooms Full: 11
Year Built: 1981
Parcel, Tax, HOA
Parcel Number: 411000 262.54-4-4
Tax Annual Amount: 16477
Total Taxes Description: Estimated
School District: Mechanicville
Association Y/N: No
Directions & Remarks
Directions: 87 N Main St Mechanicville NY. Next to Lukoil Station
Public Remarks: Investment Opportunity! A rare find in Saratoga County, 11-unit residential brick building on Main St. A strong mix of tenants, great rental history, and prime location make this property turn-key to make money from day one and a great addition to any portfolio. Separate utilities, private parking, see docs or inquire for full financials.
Sewer
Public Sewer: 1
Architectural Style
Apartment 4 Plus Unit: 1
High Rise: 1
Fencing
Back Yard: 1
Basement
Full: 1
Unfinished: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 2nd
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 2nd
Full Bath 8: 3rd
Full Bath 9: 3rd
Full Bath 10: 3rd
Construction Materials
Brick: 1
Possession
Rental Agreement: 1
Subject To Tenant Rights: 1
Exterior Features
None: 1
Other: 1
Flooring
Laminate: 1
Wood: 1
Showing Requirements
Agent to Accompany: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Zoned: 1
Income And Expenses
Rental Income: 128100
Operating Expense: 34887
Net Operating Income: 93213
Parking Features
Parking Total: 11
Driveway: 1
Paved: 1
Separate Utilities
Electric: 1
Gas: 1
Heat: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Internet: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 5
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 4
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1
Total Rooms MF Unit 3: 5
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2
Total Rooms MF Unit 4: 6
Total Bedrooms MF Unit 4: 2
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2
Total Rooms MF Unit 5: 5
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2
Total Rooms MF Unit 6: 5
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2
Total Rooms MF Unit 7: 5
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 3
Total Rooms MF Unit 8: 7
Total Bedrooms MF Unit 8: 2
Total Full Baths MF Unit 8: 1
Status Change Info
Status Change Date: 2023-11-28
Sold Date: 2023-11-24
Sold Price: $825,000
Property Features
Architectural Style: Apartment 4 Plus Unit; High Rise
Basement: Full; Unfinished
Construction Materials: Brick
Exterior Features: None; Other
Fencing: Back Yard
Flooring: Laminate; Wood
Heating: Natural Gas; Zoned
Parking Features: Driveway; Paved
Possession: Rental Agreement; Subject To Tenant Rights
Roof: Flat
Separate Utilities: Electric; Gas; Heat
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Internet
Water Source: Public
Financials 
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Ryan Mortka
518-587-3400 |
518-587-3400 |
