38 Northern Pines Road, NY 12831

$395,000
6
BD
4
BA
2,504
SqFt

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List Price
$395,000
Price Change
▼ $20,000 1788893835
MLS#
202625009
Style
Traditional
Bedrooms
6
Bathrooms
4
Half-bathrooms
2
Subdivision
Select One

Property Description

Turnkey Two-Family Investment Opportunity Just Minutes from Saratoga! Rare opportunity to own a one-of-a-kind, income-producing two-family property in highly desirable Gansevoort, conveniently located just 15 minutes from Saratoga Springs and minutes from Exit 16 of the Northway. Many recent updates make this property an attractive investment. Each spacious unit offers 3 bedrooms, 1½ bathrooms, a large kitchen with dining area, laundry, a covered porch and abundant storage. Outside, enjoy plenty of off-street parking, a patio with fire pit, and a generous yard--perfect for relaxing or entertaining. Currently generating approximately $36k per year in rental income, this property provides an excellent opportunity for immediate cash flow with potential for additional income and appreciation. The property's prime location also creates exciting potential for seasonal, short-term, or vacation rentals, offering investors additional flexibility and ways to maximize rental income. Whether you're looking to expand your rental portfolio or seeking a property with strong income potential and multiple rental possibilities, this is a must-see investment opportunity.

Additional Information

Taxes
$5,053
Acres
0.22
Lot Description
Cleared, Landscaped, Wooded, Garden
School District
South Glens Falls
Interior Features
High Speed Internet, Paddle Fan
Cooling
Window Unit(s)
Exterior Features
Garden
Construction
Vinyl Siding
Roof
Shingle, Asphalt
Sewer
Septic Tank
Water
Well

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Gina Ulrich with Krutz Properties LLC Brokerage, 518-429-1623.

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