6627 Park Place, Stockport, NY 12050

$1,490,000
15
BD
10
BA
7,500
SqFt
List Price
$1,490,000
Closing Date
Jan 01, 1800
Status
ACTIVE
MLS#
153606
Bedrooms
15
Sq. Ft
7,500
Acres
1
Year Built
1920

Property Description

Multi Family row with 10 units, plus garage rental in Stockport, just outside Hudson city limits. This property yields an 8% cap rate at ask. Municipal water and sewer, w plenty of off-street parking. Tenants pay for electric, some units pay for heating oil & gas, a few are paid by landlord.Wood floors throughout. 6 of the units have either been updated or deeply renovated. New windows, redone floors and a full paint job have been given to most units. New gutters/ downspouts have been added to all buildings, and most units have covered front porches. Located across from a park, where eagles fly, and includes a large shared backyard for socializing and kids play area...with plenty of additional parking in the rear as well. Tenants enjoy living here, and take good care of their apartments and the grounds.10 minutes to downtown Hudson/Amtrak, convenient to Fairview shopping, Art Omi, 35 min to Albany. Great opportunity for multiple unit investment.

Additional Information

Town Tax
7120
Siding
Asbestos
Roof
Asphalt, Shingle
Foundation
Poured Concrete, Masonry
Construction
Frame
Basement
Full, Partial
School District
Hudson
Sewer
Municipal
Water
Municipal

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Calculator source: Real Geeks

Listing courtesy of Tri Hudson Realty, LLC.