1301 Broadway, Watervliet, NY 12189

Description

Strong value add opportunity in a prime Watervliet location. This 4 unit property offers significant upside with a unit mix of two 1 bed 1 bath units, one 4 bed 2 bath unit, and one 5 bed 1 bath unit with a private laundry room. Excellent income potential with BRRR upside, potential to reconfigure into a 5 unit setup, and strong short term rental appeal. Property requires a full renovation and is being sold as is. Cash only, will not qualify for traditional financing. A substantial amount of renovation materials are already on site and ready for installation, helping streamline the project. With an estimated after repair value of $500K+, this is a compelling opportunity f...