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14311 Route 9W 17 Unit Apartment Building $2,771,454 CAD ($163,027 CAD/Unit) Ravena, NY 12143
Investment Highlights
- Fully renovated turnkey multifamily investment on 2.12 acres
- Separate rental house with independent heat, electric, and hot water
- 16 brand-new apartments: 12 one-bedroom units and 4 studios
- Office space and common laundry room on-site
Executive Summary
Turnkey investment opportunity in Ravena! This fully renovated multifamily property features 16 brand-new apartments, a separate rental house, office space, and common laundry facilities. Ideally located just 20 minutes south of Albany, the 2.12-acre property offers strong income potential with separate utilities for each unit, making it an exceptional addition to any investment portfolio.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,771,454 CAD | Building Class | B |
| Price Per Unit | $163,027 CAD | Lot Size | 2.25 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 17 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1950/2024 |
| Apartment Style | Garden | ||
| Zoning | COM 1 - Commercial | ||
| Price | $2,771,454 CAD |
| Price Per Unit | $163,027 CAD |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.25 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2024 |
| Zoning | COM 1 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Multi Use Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
| 1+1 | 12 | - | - |
| 4+2.5 | 1 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 194200-007-001-0001-021-000-0000 | Total Assessment | $553,812 CAD |
| Land Assessment | $54,274 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $499,538 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
194200-007-001-0001-021-000-0000
Land Assessment
$54,274 CAD
Improvements Assessment
$499,538 CAD
Total Assessment
$553,812 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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14311 Route 9W
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