22 Church St
10 Unit Apartment Building $1,490,000 ($149,000/Unit) Schuylerville, NY 12871
![22 Church St, Schuylerville, NY for sale - Building Photo - Image 1 of 35](https://images1.loopnet.com/i2/Mq2YIVmWcUnuwqKJqEsmZGJbL-Xv2iQ4EiU5p7iHGsg/110/22-Church-St-Schuylerville-NY-Building-Photo-1-Large.jpg)
![22 Church St, Schuylerville, NY for sale - Building Photo - Image 2 of 35](https://images1.loopnet.com/i2/XA5lkqMd6dWfJYwMCV0qVUhgNJXEAYQVURfemaIq0fA/110/22-Church-St-Schuylerville-NY-Building-Photo-2-Large.jpg)
![22 Church St, Schuylerville, NY for sale - Interior Photo - Image 3 of 35](https://images1.loopnet.com/i2/lV36DDt7ZDXKU7I8J_-1Lela2Nqo2Lr25R3FDx_aHR4/110/22-Church-St-Schuylerville-NY-Interior-Photo-3-Large.jpg)
EXECUTIVE SUMMARY
Investor Alert! Don't miss this exceptional opportunity to acquire a 10-unit garden-style apartment building generating a total annual rental income of $160,800. Each townhouse-style, 2-bedroom apartment offers a spacious layout with a living room, kitchen, half bath on the first floor, two bedrooms and a full bath on the second floor, and a walk-out basement with laundry hookups that could easily be finished for additional living space.
The property boasts separate utilities for each unit and off-street parking for all tenants. Located just a block from Main Street, this property offers convenience and significant upside potential as a long-term investment. Proof of funds is required before showings. Seize this chance to enhance your portfolio with a high-performing asset!
The property boasts separate utilities for each unit and off-street parking for all tenants. Located just a block from Main Street, this property offers convenience and significant upside potential as a long-term investment. Proof of funds is required before showings. Seize this chance to enhance your portfolio with a high-performing asset!
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Gross Rental Income |
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Other Income |
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Vacancy Loss |
-
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-
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Effective Gross Income |
$99,999
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$9.99
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Taxes |
$99,999
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$9.99
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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Net Operating Income |
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PROPERTY FACTS
Price | $1,490,000 |
Price Per Unit | $149,000 |
Sale Type | Investment |
Sale Condition | Bulk/Portfolio Sale |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.40 AC |
Building Size | 9,792 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1980 |
Parking Ratio | 1.23/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Public Transportation
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+2 | 10 | - | 900 |
1 of 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 415001-157-063-0003-014-000-0000 | Total Assessment | $456,900 |
Land Assessment | $19,600 | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $437,300 | Tax Year | 2023 |
ZONING
Zoning Code | Residential A District (Multifamily Residential) |