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45 S Lake Avenue

Troy, NY 12180

Active

$470,000

Listing by:
Scott J Alvarez
REMAX Solutions
518-522-7265

High-Income 4-Unit Investment Property with Porches & Parking a must-see investment opportunity at 45 South Lake Avenue. This very large, four-unit building is a cash-flow machine, generating over $6,000 in monthly rent with all leases currently in place. The property boasts a fantastic look with huge, covered porches on both levels, offering great curb appeal. Situated in a quiet location, it has a strong rental history, having attracted students from RPI and Hudson Valley Community College. Numerous upgrades have been completed, including two recently remodeled units and new kitchen cabinets in another. The first-floor unit is exceptionally large, adding to the property's desirability. A standout feature is the ample off-street parking in the rear for at least 6-7 vehicles

$470,000
10.0
Bedrooms
4
Bathrooms
4,483
Sq. Ft.
$ 105
$/Sq. Ft.
0.25
Acres
Year Built:
1910
County:
Rensselaer
School District:
Troy
Acres:
0.25
Listing Agent:
Scott J Alvarez
Listing Office:
REMAX Solutions
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BUYER'S AGENT

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Features

Square Feet: 4,483
Town: Troy
Bedrooms: 10
Full Bathrooms: 4
Estimated Taxes: $13,058
Water: Public
Sewer: Public Sewer
Heat: Forced Air, Natural Gas
Garage: 0
Property Style: Traditional
Exterior: Masonite
Exterior Features: None
Cooling: None
Parking Spaces: 7

Location



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