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181 Canal St

Fort Plain, NY 13339
  • $69,900
  • STATUS: Pending
  • MLS #: 202140153
Pending
UPDATED: 35 min ago
$69,900
  • 7
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1860
County:
Area:

School Ratings & Info

School District:

Description

Great investment property. Owner says SELL. 4 units total, 2 units are vacant. 2- bedroom & 3-bedroom apts. are rented now. 2 vacant units are both 1 bedroom. One unit needs work. Another unit is ready to rent. Potential gross monthly rent is $2,550. Operating expenses are +-$880/month. Already making profit with just 2 apts. rented. Very low maintenance costs. Don't miss this opportunity to make money. Some new interior/exterior paint.

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© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-08-17T20:12:23.94.
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181 Canal St Fort Plain, NY 13339

  • Price: $69,900
  • Status: Pending
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 202140153
7
Beds
0
Baths
0
½ Baths
0.1
Acres
1860
Built
County:
Montgomery
Area:
Montgomery
School District:
Fort Plain
Property Description
Great investment property. Owner says SELL. 4 units total, 2 units are vacant. 2- bedroom & 3-bedroom apts. are rented now. 2 vacant units are both 1 bedroom. One unit needs work. Another unit is ready to rent. Potential gross monthly rent is $2,550. Operating expenses are +-$880/month. Already making profit with just 2 apts. rented. Very low maintenance costs. Don't miss this opportunity to make money. Some new interior/exterior paint.
Exterior Features

Architectural Style Apartment 4 Plus Unit Construction Materials Brick Exterior Features Other Lot Features Corner LotLevel Parking Features Off Street Roof MetalRubber Waterfront YN No

Interior Features

Attic Features Walk-Up Basement Bilco DoorsExterior EntryInterior EntryPartialUnfinished Cooling None Flooring HardwoodLaminate Heating ElectricForced AirNatural Gas Multi Family Unit1 Total Bedrooms 3 Multi Family Unit1 Total Full Baths 1 Multi Family Unit1 Total Half Baths 0 Multi Family Unit1 Total Rooms 7 Multi Family Unit2 Total Bedrooms 2 Multi Family Unit2 Total Full Baths 1 Multi Family Unit2 Total Half Baths 0 Multi Family Unit2 Total Rooms 6 Multi Family Unit3 Total Bedrooms 1 Multi Family Unit3 Total Full Baths 1 Multi Family Unit3 Total Half Baths 0 Multi Family Unit3 Total Rooms 4 Multi Family Unit4 Total Bedrooms 1 Multi Family Unit4 Total Full Baths 1 Multi Family Unit4 Total Half Baths 0 Multi Family Unit4 Total Rooms 4 Unit1 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit1 Owner Furnish Features Hot WaterMaintenance GroundsSewerSnow RemovalTrashWater Unit2 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit2 Owner Furnish Features Hot WaterMaintenance GroundsSewerSnow RemovalTrashWater Unit3 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit3 Owner Furnish Features ElectricityHeatHot WaterMaintenance GroundsSewerSnow RemovalTrashWater Unit4 Includes BathroomKitchenLiving RoomRefrigeratorStove Unit4 Owner Furnish Features Hot WaterMaintenance GroundsSewerSnow RemovalTrashWater

Property Features

Association YN No City Town Taxing Entity Fort Plain Electric Expense 200.00 Enhanced Accessible YN No General Taxes 1000.00 General Taxes Description Estimated Insurance Expense 200.00 Miscellaneous Expense 100.00 Multi Family Unit1 Lease Term Month To Month Multi Family Unit1 Monthly Rent 700 Multi Family Unit1 Unit Available No Multi Family Unit2 Lease Term Month To Month Multi Family Unit2 Monthly Rent 650 Multi Family Unit2 Unit Available No Multi Family Unit3 Monthly Rent 650 Multi Family Unit3 Unit Available Yes Multi Family Unit4 Monthly Rent 550 Multi Family Unit4 Unit Available Yes Net Operating Income 23640.00 Operating Expense 6960.00 Possession At Closing Property Sub Type Multi Family School Taxes 1800.00 School Taxes Description Estimated Separate Utilities ElectricHeat Sewer Public Sewer Special Listing Conditions Other Tax Annual Amount 3500.00 Tenant Pays ElectricityGasHeat Total Income 2550.00 Village Taxes 800.00 Village Taxes Description Estimated Water Sewer Expense 80.00 Water Source Public

Listing information © 2022 Global MLS.
Listing provided courtesy of Josh Paden of Elegant Homes:(518) 365-7603.



© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-08-17T20:12:23.94.
 
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