1261 NY Route 7, Brunswick, New York 12180
Multi-family income property provides excellent ROI. The Brunswick Hillside Apartments & Townhomes is lucrative income property available to an investor interested in collecting checks from a turnkey property. This stunning acreage nestled in the rolling hills outside of Troy features 24 apartments generating over $187,000 in annual income. This is a real cash-cow with a CAP rate of 8.44%.
Newly renovated property of (24) studio, 1, 2 and 3 bedroom apartments within what were once nine single-family homes and a motel. Located on a beautiful 3.87-acre lot with space for further development. The site has recently been landscaped and the road repaved. It is five miles east of downtown Troy on Hoosick Road – a well-trafficked route to and from Vermont.
BUILDING SF: 10,052 SF
ZONING: Business Light Overlay
PARKING: 24 Private Spaces
PARCEL: 3.87 Acres
HEAT: Oil, Electric