A rare find in Colonie! This 8-plex, a true white rhino in a market with scarce multifamily options, offers incredible potential. Located where duplexes sell for over $400k and two-unit rentals fetch $2k+, this property is primed for value-add opportunities. The offering includes two brick four-plexes with space for a potential paved parking lot between the buildings. Note: this is a construction project requiring cash or a construction loan. Proof of funds (POF) is required for serious inquiries. Videos available upon request; walkthroughs are agent-accompanied only.
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Features
Square Feet: 5,800
Town: Colonie
Bedrooms: 16
Full Bathrooms: 8
Estimated Taxes: $4,916
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Hot Water, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Brick
Exterior Features: None
Cooling: None
Parking Spaces: 16
Location
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