Troy, NY 12180,45 S Lake Avenue
Troy, NY 12180,45 S Lake Avenue
Troy, NY 12180,45 S Lake Avenue
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Listed by Scott J Alvarez • REMAX Solutions
$470,000
Est. payment /mo
10 Beds
4 Baths
4,483 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,483 sqft

Price per Sqft $104

MLS Listing ID 202519654

Bedrooms 10

Full Baths 4

HOA Y/N No

Year Built 1910

Annual Tax Amount $13,058

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Quadruplex

Source Global MLS

Property Description

High-Income 4-Unit Investment Property with Porches & Parking a must-see investment opportunity at 45 South Lake Avenue. This very large, four-unit building is a cash-flow machine, generating over $6,000 in monthly rent with all leases currently in place.

The property boasts a fantastic look with huge, covered porches on both levels, offering great curb appeal. Situated in a quiet location, it has a strong rental history, having attracted students from RPI and Hudson Valley Community College. Numerous upgrades have been completed, including two recently remodeled units and new kitchen cabinets in another. The first-floor unit is exceptionally large, adding to the property's desirability. A standout feature is the ample off-street parking in the rear for at least 6-7 vehicles

Location

State NY

County Rensselaer

Direction Get on I-787 N 3 min (0.8 mi) Continue on I-787 N to Troy 7 min (7.3 mi) Continue on NY-7 E/Hoosick St. Drive to S Lake Ave 4 min (1.5 mi) 45 S Lake Ave Troy, NY 12180

Interior

Heating Forced Air, Natural Gas

Exterior

Exterior Feature None

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Troy

Others

Tax ID 381700 101.43-5-3

Special Listing Condition Standard


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agent

Erin Steinbach

+1(518) 222-6031

Lic. Associate R. E. Broker | License ID: 10301217507

Lic. Associate R. E. Broker License ID: 10301217507

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