70-02 & 70-04 65 Place, Glendale, NY 11385
70-02 & 70-04 65 Place, Glendale, NY 11385
70-02 & 70-04 65 Place, Glendale, NY 11385
70-02 & 70-04 65 Place, Glendale, NY 11385
70-02 & 70-04 65 Place, Glendale, NY 11385
70-02 & 70-04 65 Place, Glendale, NY 11385
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$ 2,400,000
Est. payment | /mo

12 Baths

11,424 SqFt


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$ 2,400,000
Est. payment | /mo
Save

12 Baths

11,424 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,424 sqft

Price per Sqft $210

MLS Listing ID 11979668

Full Baths 12

Annual Tax Amount $31,906

Property Description

RARE INVESTMENT OPPORTUNITY - TWO WELL-MAINTAINED 6-FAMILY BUILDINGS (12 UNITS & 2 PARKING SPACES) SOLD TOGETHER An exceptional opportunity to acquire two well-maintained 6-family apartment buildings being offered together as one investment package. The properties are in excellent condition and present a strong, income-producing asset for an investor seeking a stable multifamily investment. The combined properties generate approximately $200,000 in annual gross income and offer an approximately 5% capitalization rate. All apartments are currently occupied, providing immediate rental income and eliminating the need for a major lease-up or renovation program. There are also two spacious parking spaces available on the premises for rent. Both buildings have been carefully maintained and are in excellent overall condition. This is a turnkey investment with established rental income and significant long-term potential. A rare opportunity to acquire a 12-unit and 2 parking space multifamily portfolio in a single transaction. Properties like this, combining strong income, excellent condition, and full occupancy, are rarely available as a package. Serious and qualified investors are encouraged to inquire for additional financial and property information.

Location

State NY

County 36081

Rooms

Basement Full

Dining Room 0

Kitchen 0

Building

Story 3

Sewer Municipal

Water Municipal

Structure Type Masonry - Brick

Nearby Locations

Bonny Durbin

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70-02 & 70-04 65 Place