8.7 Cap Rate and 7.8 GRM at this brick 8,118 sq/ft mixed use commercial building featuring 7 sources of income! The 1st Floor restaurant is leased until 2023 at $2100/month, has separate utilities and is equipped with Central Air, and a new boiler in 2014. There are 4 additional units above the restaurant and three are currently leased at $1,000/month. One vacant apartment (3rd Floor Front) needs minor cosmetics and boasts hardwood floors. The Studio apartment is located over the highly sought after garage, and the studio rents for $850/month, and the Garage provides an additional income of $300/month. Sprinkler system. Total Gross rents $87,000.
Off market
$584,900
122 4th St, Troy, NY 12180
0beds
0baths
8,118sqft
SingleFamily
Built in 1900
3,049 Square Feet Lot
$584,900 Zestimate®
$72/sqft
$1,855 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Other, Gas
Cooling
- Central
Features
- Flooring: Hardwood, Laminate
- Basement: Partially finished
Interior area
- Total interior livable area: 8,118 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 3,049 sqft
- Features: Level
- Topography: Level
Details
- Parcel number: 38170010161212
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Piers
Condition
- Excellent
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Troy
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Roof: Rubber
- Topography: Level
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- Flooring: Laminate, Hardwood
- CoolingYN: true
- Heating: Natural Gas, Hot Water, Hot Air
- Basement: Full
- RoomsTotal: 19
- PropertyCondition: Excellent
- ConstructionMaterials: Brick
- LotFeatures: Level
- ParkingFeatures: Attached
- WaterSewerExpense: 1500
- Cooling: Central Air
- StructureType: Multi Family
- BelowGradeFinishedArea: 0
- GrossIncome: 87000
- ElectricExpense: 3000
- AboveGradeFinishedAreaSource: reInsight/Public Info
- FuelExpense: 4000
- BusinessName: Estimated
- MlsStatus: Active
- InsuranceExpense: 3375