Overview
- Updated On:
- March 16, 2026
- Multi Family
- Category
- 780522
- Property ID
- 7
- Bedrooms
- 5
- Bathrooms
- 2,354 ft2
- Property Size
Description
Handyman Special – 5-Unit Investment Opportunity in Central Cohoes
Rare opportunity to restore and add value to a 5-unit property in a convenient central Cohoes location. The building features a strong unit mix with two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Two of the upper-floor units are currently in need of a full gut renovation, offering significant upside for investors or contractors looking to create value through improvements.
Once stabilized, the property has the potential to generate approximately $7,800 per month in gross rental income. Located just 4 minutes walking distance to the nearest bus stop and downtown Cohoes, tenants will enjoy easy access to local shops, restaurants, and services.
Excellent opportunity for a value-add investor to renovate, stabilize, and build long-term cash flow in a growing rental market.
- Principal and Interest
- Property Tax
- HOA fee
