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Updated over 4 years ago on . Most recent reply

User Stats

74
Posts
12
Votes
Manasseh Arnold
  • Rental Property Investor
  • Latham, NY
12
Votes |
74
Posts

Capital district New York investors: Im looking for a multifamily

Manasseh Arnold
  • Rental Property Investor
  • Latham, NY
Posted

Hope all is well everyone!

I'm from Greenwhich, NY, (near Saratoga Springs) and i am currently deployed overseas, I am looking to purchase an income-producing 2-4 unit multifamily home, within the capital district, within the next few months (flexible timeline, will be home around October-November). Something i can house hack for a year.

Anything in between Saratoga and Ravena or anything east/ west. Basically looking within a 30 minute radius of Albany, NY.

If you're thinking abut selling a property or know of someone who is, i would love to talk.

I know deals are going fast now a days and they're hard to find, but i have nothing to loose by writing this post and i know there's someone out there that can help and that i can help.

Lets make this a win-win scenario...

-Manny

Most Popular Reply

User Stats

39
Posts
19
Votes
Brian Green
  • Rental Property Investor
  • Greenfield Center, NY
19
Votes |
39
Posts
Brian Green
  • Rental Property Investor
  • Greenfield Center, NY
Replied

Manasseh - Hope all is well and thank you for your service. 

We have a multi-use property for sale in Greenwich NY right on main street. It's currently listed at $124,950 but has retail/office space on the ground level and two apartments upstairs. Both of the apartments are rented with one tenant moving out at the end of this month but we will be re-leasing following some updating. Cleaning/paint/etc. The commercial space downstairs is vacant but can also be converted to two more apartments as per conversation with the village building department. 

My brother owns the property and is open to a regular sale or a seller financed acquisition. Here is a link to the listing but it might be a great opportunity to acquire with minimal down payment and long term upside(apartment conversion of 1st floor). Talk to you soon. 

https://globalmls.paragonrels....

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