Restricted Address NASSAU, NY 12123

Features

• Price/sqft : View Details
• Lot Size : View Details
• Total Units : View Details
• Total Rooms : View Details
• Room List : View Details
• Stories : View Details
• Heating : View Details
• Exterior Walls : View Details

Facts

• Year Built : View Details
• Property ID : View Details
• MLS Number : View Details
• Parcel Number : View Details
• Property Type : View Details
• County : View Details

Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

Amazing investment opportunity! Fantastic money maker - very unique! Most of the units have been rehabbed. 6 out of 8 rented. 2 were just recently rehabbed and vacant. FOUR, two unit apartment buildings, garage and shed. One acre parcel. Septic inspection done 4/2022 and all good! All tenants pay their own electric heat but for the 1st floor in the main house which is oil/forced hot air. Plenty of parking here on this sprawling lot. Don't miss out on this opportunity! Award winning East Greenbush schools. 15.3% CAP RATE. RENTS ARE: $1100, $1550, $850, $893, $700, $1050, 2 new rehabbed unit are 2 bedroom, could get $1,487 as per HUD fair market rents = $8,891 per month total income