565 Summit Ave | Schenectady, NY 12307
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565 Summit Ave
Schenectady, NY 12307
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 3,360 SF |
| Property Subtype | Apartment | Average Occupancy | 25% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1950 |
| Zoning | 03 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,360 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | 03 |
ABOUT 565 SUMMIT AVE , SCHENECTADY, NY 12307
5 Family multi family apartment building Rents are $750, $1,000, $1000, $1250. $48,000. Annual income Expenses Taxes $4,000 Insurance $1,300 Water/ Sewer $1,200 Trash $800 Repairs Maintenance $3,000 $115,000 loan @6% = $850 a month. 15 Cap rate Annual Net income of $37,000. Monthly net after mortgage = Aprox $1,800.00
PROPERTY TAXES
| Parcel Number | 049-031-0003-038-000-0000 | Improvements Assessment | $71,200 |
| Land Assessment | $8,600 | Total Assessment | $79,800 |
PROPERTY TAXES
Parcel Number
049-031-0003-038-000-0000
Land Assessment
$8,600
Improvements Assessment
$71,200
Total Assessment
$79,800
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