This is a great addition or start to an investment portfolio. There is a total of 8 units with 6 being remodeled, one down to the studs and the 8th unit being rented by the same tenant for over a decade. This property will also include an additional parcel with a building ready for your vision or a tear down ready for your own vision. Currently grossing $71,244, a unit should be rented this week bringing the new gross income to $83,184. Tenants pay their own utilties. There is also a 6 bay garage that has potential for additional income. Seller related to agent
Features
19 bedrooms
8 bathrooms
directions_car12 carspaces
directions_car6 garage spaces
8666 sq. ft. floor area
crop_free14810.4 sq. ft. lot size
cottageMulti-Family
Property history for 110 Broad St
2022
Sold
$435,000
14 Dec 2022 by Samuel Thompson, of Thompson Real Estate Team
2017
Sold
$110,000
14 Dec 2017 by Mythili Madhyastha, of Coldwell Banker Prime Prop.
Happy sellers in Gloversville
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Local market activity for 19 bedroom multi families in Gloversville
Sold
For Sale
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