INCOME-PRODUCING DUPLEX - VALUE-ADD OPPORTUNITY
Excellent opportunity for investors seeking strong rental potential in the Averill Park School District. This 2-family duplex offers 2,000 sq ft with 7 bedrooms and 2 full baths with current cap rate of 10 % and net income cap rate of 12.7%.
Each unit features large living room. The first-floor unit includes 3 bedrooms one bath ideal for increased rent or home-office demand. The second-floor unit offers 4 bedrooms one bath. Unfinished basement provides storage and future value-add potential.
Situated on a 5,663 sq ft lot with a fenced backyard, 2-car garage, and additional off-street parkingâ€''features tenants value. Vinyl siding, forced air and baseboard heating separate natural gas and electric.
Property an ideal value-add investment with upside through upgrades, rent increases. Convenient location near schools, shopping, and major routes.
Property Type(s):
Multi Family
|
Last Updated
|
2/4/2026
|
Year Built
|
1890
|
|
Garage Spaces
|
2.0
|
County
|
Rensselaer
|
SCHOOLS
Additional Details
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Vinyl Siding |
| EXTERIOR |
None |
| GARAGE |
Yes |
| HEAT |
Baseboard, Forced Air, Natural Gas |
| LOT |
5663 sq ft |
| LOT DIMENSIONS |
0.13 |
| PARKING |
Off Street, Paved, Garage |
| SEWER |
Public Sewer |
| STYLE |
Other |
| TAXES |
4650.22 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Howard Hanna Capital Inc
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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