*Multiple offer deadline seeking highest and best offers by 12:00 PM on Monday (6/22).* Well cared for 4 unit property is located in the Maplewood Section of Watervliet in the Town of Colonie and in the North Colonie School District. The gross annual rental income is $35,400. Mechanically strong: All 4 units were renovated and painted in 2012. 4 100 AMP electrical Boxes were installed in 2011. 29 vinyl windows were installed in 2014. 3 out of 4 gas forced hot air furnaces have been replaced since 2016. The roof is approximately 18 years of age. Vinyl siding and aluminum fascia. Easy to rent; as the owner has experienced very little vacancy (monthly rents are tenant friendly). Current average tenant occupancy is 3.25 years. Low taxes. Rare opportunity to buy a multi-family in North Colonie!
Off market
$448,300
38 Craig St, Watervliet, NY 12189
8beds
3,504sqft
MultiFamily
Built in 1930
-- sqft lot
$448,300 Zestimate®
$128/sqft
$1,683 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas
Cooling
- None
Features
- Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
- Basement: Partial, Crawl Space
Interior area
- Total interior livable area: 3,504 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 6,534 sqft
- Features: Level
- Topography: Level
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Watervliet
Other
Other facts
- Flooring: Wood, Laminate, Ceramic Tile, Linoleum, Carpet-Wall/Wall
- Sewer: Public Sewer
- WaterSource: Public
- Topography: Level
- ExteriorFeatures: Deck, Porch
- HeatingYN: true
- Heating: Natural Gas, Hot Water
- Basement: Partial, Crawl Space
- RoomsTotal: 20
- ConstructionMaterials: Vinyl Siding
- LotFeatures: Level
- StructureType: Multi Family
- FuelExpense: 0
- Roof: Asphalt Shingle
- CurrentFinancing: Conventional Fixed
- AboveGradeFinishedAreaSource: Appraiser
- BusinessName: Actual
- WaterSewerExpense: 1632
- MlsStatus: Pending
- CoListAgentEmail: Samantha.culihan@cbpp.com
- CoListAgentFullName: Samantha Culihan
- InsuranceExpense: 1722
- ManagerExpense: Actual
- ProfessionalManagementExpense: Actual