Active
MLS# B1701974
$399,900
Price
4
Beds
-
Baths
3,779
Living Area (Sq.Ft.)
1.7
Lot Area (Acres)
$399,900
Price
4
Beds
-
Baths
3,779
Living Area (Sq.Ft.)
1.7
Lot Area (Acres)
A rare opportunity to acquire a fully occupied 7-unit brick apartment building situated on approximately 1.7 acres in the Town of Alden, near the village. This stabilized investment property offers consistent cash flow today with excellent potential for future appreciation and increased income through rent growth. <br> <br>Constructed with a low-maintenance brick exterior and slab foundation, the building features a newer metal roof, updated mechanicals, individual electric panels for each unit, natural gas through Alden Reserve, and electric service through NYSEG. The property is serviced by well water, with the well conveniently located along the side of the driveway, and a septic system positioned behind the parking lot. <br> <br>Residents enjoy the convenience of a coin-operated washer and dryer, providing an additional source of income for the owner. <br> <br>The expansive 1.7-acre parcel offers a unique opportunity for future expansion, leaving ample room for additional apartment units or further development (subject to municipal approvals), making this an exceptional long-term investment. <br> <br>Whether you're looking to expand your portfolio or acquire a stable income-producing property with future upside, this is an opportunity you won't want to miss.
Status
Active
Property Type
MultiFamily
Property Sub Type
Other
Year Built
1940
Parcel Number
142089-109-000-0002-010-100
Unit Number
--
Subdivision Name
Holland Land Company's Su
Lot Features
Rectangular, Rectangular Lot
Building Area Source
PublicRecords
Lot Size Dimensions
196X400
Community Features
LaundryFacilities
Property Condition
Resale
Elementary School
Alden Primary at Townline
Elementary School District
Alden
Middle Or Junior School
Alden Middle
Middle Or Junior School District
Alden
High School
Alden Senior High
High School District
Alden
Location

Listing Agent
Cristin Bishop
Listing Office
eXp Realty
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-07-27
Owner Pays
Electricity, Heat, Snow Removal, Trash Collection, Water
Rent Includes
Electricity, Heat, Snow Removal, Trash Collection, Water
Fire Places Total
0
Interior Features
Bedroom On Main Level
Flooring
Carpet, Laminate, Varies
Laundry Features
Coin Operated
Heating
true
Heating Features
Gas, Forced Air, Wall Furnace
Accessibility Features
Accessible Bedroom
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Electric
Circuit Breakers
Garage
false
Garage Spaces
0
Exterior Features
Blacktop Driveway, Gravel Driveway
Water Source
Well
Sewer
SepticTank
Roof
Metal
Utilities
Electricity Connected, High Speed Internet Available
Parking Features
Three Or More Spaces, Driveway, No Garage, Shared Driveway
Foundation Details
Slab
Construction Materials
Brick
Patio And Porch Features
Open, Porch

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.