Welcome to 1525 6th Avenue in Watervliet, a well-maintained two-family duplex offering a strong investment opportunity in a desirable Capital District rental location. This 2,464 sq ft property features two units totaling 5 bedrooms and 2 full baths, with separate utilities and solid income potential. The first-floor unit offers 3… Read More bedrooms and 1 bath and is currently rented month-to-month for $1,450, providing immediate cash flow. It features granite countertops, laminate flooring, and a kitchen island. The second-floor unit includes 2 bedrooms plus a bonus room and 1 bath and was previously rented for $1,250, offering an opportunity to place a new tenant or occupy the unit while the upstairs offsets the mortgage! Additional details include natural gas hot water baseboard heat, vinyl siding, rubber roof and public water and sewer. A rare bonus is the oversized insulated outbuilding with electricity, ideal for storage, a workshop, or additional utility space. Delivering strong rental performance, this duplex presents an approximately 8% cap rate opportunity in a location convenient to major routes, employers, and everyday amenities. A smart addition to any Capital Region investment portfolio. Read Less
Courtesy of Robert Saumell Jr. (518-926-8282), KW Platform.
Listing Snapshot
Days Online
50
Last Updated
Property Type
Duplex
Beds
5
Full Baths
2
Lot Size
0.07 Acres
Year Built
1900
MLS Number
202613185
30 Days Snapshot Of 12189
$455k
+46%
(avg) sold price
1
-83%
home sold
50
-58%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Full", "Unfinished"
Building
Architectural Style: "Traditional", Construction Materials: "Vinyl Siding", Living Area: 2,464, Number Of Units Total: 2, Year Built: 1900
Cooling
Cooling: "None"
Exterior Features
Features: "Other", Patio And Porch Features: "Front Porch", "Patio", Patio And Porch Features: "Front Porch", "Patio"
Fence
Fencing: "Back Yard"
Floors
Flooring: "Carpet", "Laminate", "Linoleum"
Heating
Heating: "Baseboard", "Hot Water", "Natural Gas", Heating Included
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