Bought with Sonia Varin • Krutz Properties, LLC
$57,000
$90,000
36.7%For more information regarding the value of a property, please contact us for a free consultation.
7 Crouse Street Fort Plain, NY 13339
6 Beds
2 Baths
2,408 SqFt
Key Details
Sold Price $57,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,408 sqft
Price per Sqft $23
MLS Listing ID 202427160
Sold Date 01/06/25
Bedrooms 6
Full Baths 2
HOA Y/N No
Originating Board Global MLS
Year Built 1900
Annual Tax Amount $2,000
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Duplex
Property Description
7 Crouse St, Fort Plain, NY
An excellent investment opportunity! This fully occupied two-family home is rented by a single family, generating $1,700 in monthly rent. After expenses, you net $1,250 per month, providing immediate cash flow with a reliable tenant.
Property Details:
Each unit features 3 spacious bedrooms and 1 bathroom, offering comfort and value.
Financials:
• Gross Rent: $1,700/month
• Net Income: $1,250/month
• Annual Net: $15,000
• Cap Rate: 10.5%
• ROI: 46%
A little exterior TLC could significantly increase the property's value and future rent potential, making this a high-growth investment. Located in a strong rental market, similar properties are selling fast! Contact the agent for details and a private showing today!
Location
State NY
County Montgomery
Direction From River St, take a right onto Willett St, Take left onto Crouse St. Property will be on right.
Interior
Interior Features Built-in Features
Heating Baseboard, Forced Air, Natural Gas
Flooring Hardwood, Laminate
Exterior
Exterior Feature None
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Fort Plain
Others
Tax ID 273001 46.38-1-43
Special Listing Condition Standard
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