Nearby Schools
Riccardi K-6Elementary School
Description
Apartment complex is located in the hamlet of Glasco, and along the banks of the Hudson River (about 100 miles +/- 1 hr, 45 min from NYC). This 16 residential unit (2-storey townhouse style) complex has 2 additional commercial rentals (Large & Smaller Garage) for a total of 18-units. The property consists of 6 buildings, most of the buildings were constructed around 1989 and the one 3-unit building (that has a 1 car garage for each unit), was constructed around 2017. Each unit is in Very good condition with excellent paying tenants. All roofs, exteriors and interiors are well kept and are in newer/renovated condition. The property has municipal water, sewer and natural gas. Most rents are well below market value, and month to month rental agreements. Please see associated doc's for additional information, current rents and pro-forma rents at fair market rate. All residential units have thier owner water meter so there is a potential to have the tenants pay for thier own water ussage and eliminate that expense.
Location
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Listing Office: Berardi Realty
