Skip to main content

718 Bloomingrove Drive

Rensselaer, NY 12144

Pending

$449,900

Listing by:
Tina E Stehlin
Realty One Group Key
914-466-6962

Fully renovated 4-unit property offers an excellent investment opportunity, generating $56,400 in rental income annually w/ a 7.8% cap rate. Located in a thriving area, it is within walking distance to Stewarts, the CDTA Park + Ride, & many other conveniences. Close to shopping, dining, major highways, and downtown Albany. Two small 1-bed apartments & one large 1-bed apartment on 2nd floor. 1st floor features a spacious 2-3 bedroom unit w/ 2 full baths, office, & laundry room, making it ideal for owner-occupancy. Recent updates include a new roof, septic system, & water treatment system, along with fully renovated kitchens and bathrooms in all units. The property also includes a large 2-car garage w/ extra rental income potential. This is a fantastic opportunity to own in a booming area.

$449,900
6.0
Bedrooms
5
Bathrooms
3,539
Sq. Ft.
$ 127
$/Sq. Ft.
0.32
Acres
Year Built:
1960
County:
Rensselaer
School District:
East Greenbush
Acres:
0.32
Listing Agent:
Tina E Stehlin
Listing Office:
Realty One Group Key
CONTACT A
BUYER'S AGENT

Connect with a local buyer's agent who advertises with Adirondack.net


Features

Square Feet: 3,539
Town: Rensselaer
Bedrooms: 6
Full Bathrooms: 5
Estimated Taxes: $6,030
Water: Drilled Well
Sewer: Septic Tank
Heat: Forced Air
Garage: 2
Property Style: Other
Exterior: Other
Cooling: Window Unit(s)
Parking Spaces: 10

Location