๐Ÿก Turnkey Duplex Investment Opportunity in Schenectady, NY ๐Ÿก

Schenectady County, Schenectady, NY, 12308
Sold
Listed at: May 31st, 2024
Price
$160,000
ARV
$230,000
Gross Margin
$70,000
Sq. Footage
2244
Type
Multifamily
Parking
Driveway
Year build
1910
Lot size
0.11 acres
Bedrooms
7
Bathrooms
2
Half Bathrooms
0
Summary

๐Ÿก Phenomenal Investment Opportunity in Schenectady, NY!

๐ŸŒŸ Property Details:

  • Type: Duplex
  • SQFT: 2,244
  • Bed/Bath: 7 bed 2 bath
  • Unit1 - 3 bed 1 bath
  • Unit2 - 4 Bed 1 Bath
  • Repairs: Very Small Cosmetics and Cleaning
  • Location: Prime area in Schenectady, NY

 

๐Ÿ’ฐ Deal Overview:

  • Condition: Essentially turnkey, requiring minimal work. Only a clean out and very minor cosmetic updates needed.
  • Occupancy: Will be vacant at closing, ready to rent out immediately.

๐Ÿ“ˆ Why Schenectady, NY?

  • ๐ŸŒŸ Strong Rental Market: Schenectady boasts a robust rental market with high demand for quality rental properties.
  • ๐Ÿก Great Location: Situated in a desirable neighborhood, attracting quality tenants and ensuring stable rental income.

๐Ÿ”จ Minimal Repairs Needed:

  • ๐Ÿงน Clean Out: Basic clean out required.
  • ๐Ÿ› ๏ธ Minor Cosmetics: Small cosmetic updates to maximize appeal and rental value.

๐Ÿ“ˆ Investment Highlights:

  • ๐Ÿ’ผ Turnkey Ready: Low-effort investment with quick turnaround time.
  • ๐Ÿ’ฐ High Rental Demand: Located in a market with strong rental demand, ensuring rapid tenant occupancy and stable income.
  • ๐Ÿ”‘ Vacant at Closing: Ready for immediate rental, no downtime required.
Videos

Walkthrough #1

Walkthrough #2

Walkthrough #3

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Teeshan Udayakumar (845 -238 - 4717)

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