List Search

50-52 S MONTGOMERY St
Walden, NY 12586

$799,999

Apartments For Sale  •  5,121 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 5,121 Sq Ft
  • Lot Size 0.89 ac
  • Building Class B
  • Year Built 1900
  • Cap Rate 10.00 %
  • Zoning B2
0 Transit Score
63 Walk Score

Description

8 Family.
Double lot
 3-2 bedroom apartments
2- 1 Bed room Apartments
3- Studio's that can be made into 2 bedroom apartments w/out addition!
Possible coin -op washer/drier room
Optional- Business on first floor
Optional- Expand 2 studios to 2 Bedroom apartment for add rents w/out building addition
Rent extra parking spaces to campers, business owners, etc

Highlights

CAP RATE OVER 10
Fully Occupied, turn key operation.
LOW LOW maintenance

Financial Summary (Actual)

Net Operating Income: $80,942 (2018)
Cap Rate: 10.00 %
Total Expenses: $17,518

Amenities

  • Yard
  • Smoke Free

Public Transportation

AirportDriveWalkDistance
Stewart International Airport 20 min - 9.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Mark Freedman 518-322-6229 AAA Financial Solutions
Mark Freedman 518-322-6229 AAA Financial Solutions