Robert J. Long

7 Lincoln Avenue, Fort Edward, NY 12828

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Property Description

Turnkey, cash-flowing duplex ready for its next investor. This large two-unit property generates $2,600 per month in rental income with each unit renting for $1,300. Each unit is approx. 1,000 sq. ft., has 3 beds/1 bath, and has had multiple updates done within the past year and half, minimizing maintenance and capital expenses for the new owner. Tenants are responsible for all utilities and expenses - including snow removal - with the exception of water/sewer and garbage, keeping operating costs low. Both units are occupied by reliable tenants who have been in place for over a year and are current on rent. Strong rental history makes this an excellent opportunity for investors looking to add a cash flowing property to their portfolio. Metal roof is only approx. 5 years old.

7 Lincoln Avenue | MLS# 202613294

This multi-family property located at 7 Lincoln Avenue, Fort Edward, NY 12828 is currently listed for sale with an asking price of $189,000. Lincoln Avenue is located within the Fort Edward school district. Search Fort Edward real estate on rj.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Full, Unfinished
Basement: Yes
Cooling: Window Unit(s)
Heating: Electric, Forced Air, Natural Gas
Home Style: Traditional
Lot Size: 0.09 Acres
Roof Type: Metal
Taxes: $5,700
Year Built: 1900

Feature Descriptions

Days on Site: 4
Exterior: Other
Exterior: Drywall, Vinyl Siding
Fencing: Wood, Partial
Flooring: Tile, Wood, Carpet, Laminate
Foundation: Block
Laundry: Electric Dryer Hookup, In Basement, Main Level, Washer Hookup
Parcel #: 533001 163.18-2-7
Parking: Off Street, Driveway
Parking Total: 4
Parking Total: 4
Patio/Porch: Pressure Treated Deck, Rear Porch, Covered
Sewer: Public Sewer
SQFT Above Grade Finished: 1998
Water: Public
Windows: Screens

Local Schools

High School: Fort Edward
Elementary School: Fort Edward
School District: Fort Edward

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Estimated Payment

$ 950.76 per month $420.63 Principal & Interest $475.00 Property Tax $55.13 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Venture Fox Realty Group LLC
Agency Phone: 1 518-290-1070

Shown By

Agent Name: Robert J. Long
Agent Phone: (518) 496-2404 Cell
Agency Title: Coldwell Banker Prime Properties

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