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listing
1 of 93
Commercial SaleFor Sale
$699,900
752 Columbia Turnpike
East Greenbush, NY 12061
Listed by: McCurdy Real Estate Group, Inc, (518) 935-3769
MLS: Global MLS
Est. Mortgage
$3,713/mo

Welcome to this great investment opportunity. This property consists of a 3 unit apartment building with an office and a 9 unit motel. Apartment gross income is $33,630 based on 95% occupancy and Motel gross income of $122,717 based on 80% occupancy for a total of $156,347 in gross income. Seller currently provides heat, hot water, and electric for two of the apartment units but is planning to install new furnaces in apartments and separate electric utilities as well. The current yearly expense for the seller is approximately $8400 and the Pro-forma is based on apartment tenants paying for their own utilities. There is also a single-family home that can be purchased as part of the deal but is not included as part of the listing.

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Information courtesy of McCurdy Real Estate Group, Inc is subject to verification and is not guaranteed.
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