82 Millers Corners Rd, Averill Park, NY 12018

4 Unit Apartment Building | $729,000 ($182,250/Unit) | 6.95% Cap Rate | Averill Park, NY 12018

Asking Price $729,000

Property Type: Multifamily
Square Feet: 4,580 SF

Listing Contacts

Cheryl Lombardi

Verified Profile

Property Info

Property Overview

Rare Investment Opportunity! Private, Attractive 4-unit on nearly 3.5 acres in prime locale! High rent demand + well-maintained. Averill Park Schools. Unit-D: Spacious, 2,700+/- usable sf is tastefully renovated (2024) and ready to rent OR owner occupy! D features 3bd, 3ba, new kitchen, 9 ft island, W/I pantry, soaring ceilings, new LVP FL, carpet + paint throughout, reno baths + laundry room. Unit-A: Updated ('23). Important upgrades abound. New drilled well ('22) New electric panels/meters ('19) Offers a 4-car garage, designated storage units + marked parking atop the private paved drive. Numerous decks, porches + patios, surrounded by views + nature. Could also make a beautiful multi-generational compound! Less than 2 Mi to Burden Lake Golf Course/lake. 8 Mi to I-90 EX 8; 11 Mi to ALBANY. Minutes to Regeneron, Amazon Warehouse, RPI, HVCC, Tech Park, Under 3 hrs to NYC
Unit 1 $1,495 actual rented
Unit 2 $1,075 actual rented
Unit 3 $1,145 actual rented
Unit 4 $2,500 est. vacant

Property Details

Year Built: 1979
Stories: 3
Lot Size (sq. ft): 147,233 SF
Units: 4

Highlights

are Investment Opportunity, high rent demand, well-maintained. Averill Park Schools
Private, attractive 4-unit, multi-generational compound
3.5 acres in prime locale, loads of outdoor spaces

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