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1004 Ostrander Place

Schenectady, NY 12303

Pending

$599,000

Listing by:
Imam Hussain
NAI Platform LLC
518-227-0616

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.

$599,000
18.0
Bedrooms
12
Bathrooms
0.21
Acres
Year Built:
1908
County:
Schenectady
School District:
Schenectady
Acres:
0.21
Listing Agent:
Imam Hussain
Listing Office:
NAI Platform LLC
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Features

Town: Schenectady
Bedrooms: 18
Full Bathrooms: 12
Estimated Taxes: $10,734
Water: Public
Sewer: Public Sewer
Heat: Radiant, Steam
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Wood Siding
Exterior Features: None
Parking Spaces: 4
Zoning: Multi Residence

Location