Here is your opportunity to own a piece of troy history. The eldorado has been updated and is fully rented to qualified tenants. 1f bar / venue / kitchen is vacant and ready to be opened as restaurant / bar. Business has separate utilities, forced air and central air. This unique opportunity offers 9 fully rented apartments on floor 2 and 3 (a 10th could be finished). Large kitchen. 10 yr old boiler / 3 yr old furnace. Gross rents from apartments totals $96,600, before the bar is rented. Valued at $2500 11. 1 cap rate.
The vacancy rate of homes in 12180 is
10.79% with 42.42% of homes being owner-occupied. The median household income in 12180 is $49720 per year with those between 45 and 64 having the highest median income at $64616.