7 Lincoln Avenue

Fort Edward NY 12828

1998 sq. ft.

3920.4 sq. ft.

Duplex

Currently for sale - view listing

Overview

Turnkey, cash-flowing duplex ready for its next investor. This large two-unit property generates $2,600 per month in rental income with each unit renting for $1,300. Each unit is approx. 1,000 sq. ft., has 3 beds/1 bath, and has had multiple updates done within the past year and half, minimizing maintenance and capital expenses for the new owner. Tenants are responsible for all utilities and expenses - including snow removal - with the exception of water/sewer and garbage, keeping operating costs low. Both units are occupied by reliable tenants who have been in place for over a year and are current on rent. Strong rental history makes this an excellent opportunity for investors looking to add a cash flowing property to their portfolio. Metal roof is only approx. 5 years old.

Features

6 bedrooms

2 bathrooms

4 carspaces

1998 sq. ft. floor area

3920.4 sq. ft. lot size

Duplex

Property history for 7 Lincoln Avenue

2023

Sold

$154,900

04 Apr 2023 by Roseanne M. Lemery, of Roseanne M Lemery Realty

2012

Sold

$42,400

12 Apr 2012 by Michele Abbenante, of Traditions Realty

Happy sellers in Fort Edward

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