Discover this highly profitable 12-unit apartment complex, featuring spacious six 2-bedroom units in front of the building and six 1-bedroom units in the back side of the building. With a solid track record of exceptional cash flow. With low vacancy rates and strong rental demand, this property has been a consistent income generator for the current owner. A portion of the roof was replaced a few years ago and a brand new steam radiator furnace have been installed within last a few years, ensuring added value and reduced maintenance costs. Perfect for investors seeking reliable returns, this is a prime rental property not to be missed!
There are separate gas and electrical meters for all 12 units.
Rents are low, can be increased. Perfect property to add to your portfolio.
Closed
$675,000
1004 Ostrander Place, Schenectady, NY 12303
18beds
7,965sqft
Multi Family, Apartment
Built in 1908
-- sqft lot
$710,500 Zestimate®
$85/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 14, 2024 at 12:37pm
Listed by:
Imam Hussain 518-227-0616,
NAI Platform LLC
Bought with:
Kareem Jandali, 10371200250
Jandali Realty
Source: Global MLS,MLS#: 202426141

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 12
- Full bathrooms: 12
Heating
- Radiant, Steam
Features
- Flooring: Vinyl, Tile, Hardwood, Laminate
- Basement: Unfinished
Interior area
- Total structure area: 7,965
- Total interior livable area: 7,965 sqft
- Finished area above ground: 7,965
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
Features
- Exterior features: None
Lot
- Size: 9,147 sqft
Details
- Parcel number: 49.6351
- Zoning description: Multi Residence
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Wood Siding
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Schenectady