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66 Park Ave - 66 Park Ave, Cohoes 2 Unit Apartment Building Offered at $346,089 CAD at a 8.32% Cap Rate Cohoes, NY 12047
INVESTMENT HIGHLIGHTS
- Fully Occupied
- Separate Utilities
- Quick Cash Flow
EXECUTIVE SUMMARY
NOT IN A FLOOD ZONE. Turn-key duplex on quiet Van Schaick island in Cohoes. (can package sale with 2F at 31 Congress). Fully occupied for quick cash flow for an investor. A great addition to any portfolio. Or perfect for an owner-occupant to have a tenant help pay the mortgage. Up-and-down style 2F with 3 bedrooms in each. Quality apartments with large kitchens with granite counters, gas stoves, and washer & dryer hookups for each unit. Separate utilities! High efficiency on demand ‘tankless’ Navien boiler. Replacement windows and hardwood floors throughout. Updated electrical services and panels. Large bonus room on 2nd Fl. Corner lot and double-lot with fenced yard with gate. Small driveway and garage. Walk to Peebles Island State Park. Easy access to Troy, Halfmoon, or 787.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$40,633
|
$16.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$40,633
|
$16.49
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $40,633 |
| Annual Per SF | $16.49 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $40,633 |
| Annual Per SF | $16.49 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 3 | $1,693 CAD | - |
1 1
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66 Park Ave - 66 Park Ave, Cohoes
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