$240,000

About This Property

Welcome to 1525 6th Avenue in Watervliet, a well-maintained two-family duplex offering a strong investment opportunity in a desirable Capital District rental location. This 2,464 sq ft property features two units totaling 5 bedrooms and 2 full baths, with separate utilities and solid income potential. The first-floor unit offers 3 bedrooms and 1 bath and is currently rented month-to-month for $1,450, providing immediate cash flow. It features granite countertops, laminate flooring, and a kitchen island. The second-floor unit includes 2 bedrooms plus a bonus room and 1 bath and was previously rented for $1,250, offering an opportunity to place a new tenant or occupy the unit while the upstairs offsets the mortgage! Additional details include natural gas hot water baseboard heat, vinyl siding, rubber roof and public water and sewer. A rare bonus is the oversized insulated outbuilding with electricity, ideal for storage, a workshop, or additional utility space. Delivering strong rental performance, this duplex presents an approximately 8% cap rate opportunity in a location convenient to major routes, employers, and everyday amenities. A smart addition to any Capital Region investment portfolio.