26-30 Front Street Waterford, NY 12188
Owner occupied opportunity as of 11/1/24 for beautiful corner unit (or bring new tenant in at higher rent) Ability to raise rents further over next 9 months across all units (by July 2025) It is rare that the opportunity to own a class A 4 unit rental property on the water like this comes along. This property is only 4 years old. Nothing to do but collect rents. 3BR and 3B in each unit. Current construction estimates to build are 1.5-1.75M to build today. $10k in monthly rents can be higher. Financial projections are attached. Flood insurance only $654/year. Short term Airbnb rental opportunity as well as potential subdivision to make townhouses. Each unit has a garage, awesome decks, and views of the historic Erie Canal! 3D tour attached.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySaratoga
- Taxes$7,772
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusActive
- MLS ID Number202419783
- Home Size Source N/A
- Year Built2020
- Lot Size0.18 Acres
- Full Baths12
- Partial BathsN/A
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