2421 Phillips Rd, Schodack, NY 12033

Attention Investors! This multi-family, 3 unit property in Schodack, is 5 minutes from the new Amazon Warehouse, has an 18% capitalization rate, 1.26 acres, is fully rented with long term tenants and assessed at $205k! Property needs CASH BUYER will NOT PASS FHA INSPECTION. The property needs TLC but is a consistent money maker! Most windows, siding and roof replaced within the last 10 years. New well was drilled in 2015 but currently running off the shared well from the sellers property. CASH recommended. Property produces gross rents of $32,400 per year!! House contains 2 units (up and down)-3BR in downstairs, huge kitchen, dining, living room open area; up has small deck and enclosed porch, 1 BR, open kitchen/living area; separate unit has 2BR, own basement, concrete patio out back.