1. New York
  2. Mechanicville
  3. 2-10 S Central Avenue
$1,100,000

2-10 S Central Avenue, Mechanicville, NY 12118

  • 21 beds |
  • 12 baths |
  • 14,306 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $77/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Introducing Flanagan Block, a landmark investment at 2-10 South Central Ave in Mechanicville. This distinguished 11-unit building comes to market at an attractive 8% cap rate with strong rental history and a quality rent roll w/increase potential. The 14,306 SF building features predominantly spacious two-bedroom layouts, has exceptional ''bones'' providing durability and low maintenance and also has an efficient set up for utilities. Each unit is separately metered for electric and all appliances and water heaters are electric (electric expense passed through to tenants). Two natural gas boilers provide heat for the building at the landlords expense. Public water and sewer. Financials and interior unit details available upon execution of NDA. This is a rare opportunity in a prime location.

Listing Status:
Pending
Date Added:
February 26, 2025 at 06:00AM
Listing Office:
Realize Brokers : 1 518-678-4444
Listing Agent:
Nicholas Ketter : 518-678-4444
MLS ID:
202512539

This listing courtesy of Nicholas Ketter, Realize Brokers

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mechanicville Elementary School

25 Kniskern Ave, Mechanicville, NY, 12118

Grades KG-5

1.31 miles away

M

Mechanicville Junior/Senior High School

25 Kniskern Ave, Mechanicville, NY, 12118

Grades 6-12

0.81 miles away

M

Mechanicville Junior/Senior High School

25 Kniskern Ave, Mechanicville, NY, 12118

Grades 6-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.