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Updated over 8 years ago on . Most recent reply

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Calvin Thomas
  • Developer
  • New York City, NY
635
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745
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Looking for more information on Cohoes, NY

Calvin Thomas
  • Developer
  • New York City, NY
Posted

Looking at some properties in Cohoes, NY.  I am very familiar with Albany, but looking to expand.   Can someone give me some insight for multi-families in Cohoes?  

Most Popular Reply

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111
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Steve B.
  • Rental Property Investor
  • Arlington, VA
35
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111
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Steve B.
  • Rental Property Investor
  • Arlington, VA
Replied

@Calvin Thomas  Cohoes has good price points with stable rents and lower property taxes than the surrounding bigger cities. Demand for quality rentals is still very high throughout the Capital District and I see no signs of that slowing down. Most of the large apartment complexes being built are not affordable for many people in the area. If you buy a small multi and rent out a 2 bed for $800-$900 per month you will have your choice of applicants and little vacancy. Cohoes is a great option for many people to live because its a convenient location to commute to Troy or Albany and the public schools are better. 

PM me if you want more information or are ever in the area and would like to see some properties in person.

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