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31 Congress St, Cohoes 31 Congress St 2 Unit Apartment Building $249,900 ($124,950/Unit) 8.99% Cap Rate Cohoes, NY 12047
INVESTMENT HIGHLIGHTS
- Quick Cash Flow
- Separate Utilities
- Fully Occupied
EXECUTIVE SUMMARY
Turn-key duplex in downtown Cohoes. (can package sale with 2F at 66 Park). Fully occupied for quick cash flow for an investor. A great addition to any portfolio. Or perfect for an owner-occupant to have a tenant help pay the mortgage. Solid, brick up-and-down style 2F with 3 bedrooms in each. Quality apartments with large kitchens, gas stoves, and a washer & dryer for each unit. Separate utilities! Replacement windows throughout. Large walk in closet or reading nook in 2nd Fl primary. Fully fenced back yard with gate. Free parking in the public City lot directly behind building. Walk to Remsen. Easy access to Latham, Halfmoon, or 787.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$30,840
|
$11.89
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$30,840
|
$11.89
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $30,840 |
| Annual Per SF | $11.89 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $30,840 |
| Annual Per SF | $11.89 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | $1,295 | - |
| 3+1 | 2 | $1,275 | - |
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (71)
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31 Congress St, Cohoes | 31 Congress St
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