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Listed by Dennilu Sosa De La Fuente • Monticello

$ 500,000

Est. payment -/mo

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Pending

28 White Street Cohoes, NY 12047

9 Beds

3 Baths

3,828 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,828 sqft

Price per Sqft $130

MLS Listing ID 202615986

Bedrooms 9

Full Baths 3

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,353

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Triplex

Source Global MLS

Property Description

Multiple offers. Best and Finals 5/4 8pm. Completely rebuilt from the studs up, this exceptional 3-family property in the heart of Cohoes offers a rare combination of modern construction, low-maintenance ownership, and strong income performance. One unit is already leased, validating approximately a 10% cash-on-cash return, with proven demand supporting rapid lease-up of the remaining units.

Spanning 3,828 sq ft, each unit features generous, well-designed layouts with true 3-bedroom configurations, oversized living spaces, and ample storage. The upper units offer walk-in closets, enhancing tenant appeal and retention. Finishes are consistent with new construction, including hardwood flooring, quartz countertops, stainless steel appliances, 10-foot ceilings, and recessed lighting throughout.

This is a maintenance-light asset with all major systems replaced: spray foam insulation for superior efficiency, new windows, new furnaces, central A/C systems, and hot water tanks, along with fully updated electrical, plumbing, and structural components. Investors benefit from minimal near-term capital expenditures and predictable operating costs. Each unit is separately metered with individual utilities and washer/dryer hookups, supporting clean expense allocation and operational simplicity.

Positioned just steps from the revitalized Remsen Street corridor, the property offers tenants a highly desirable lifestyle, walkable access to cafés, dining, and retail, plus proximity to outdoor destinations like Falls View Park and Peebles Island. This combination continues to drive strong rental demand and long-term appreciation in the area.

Flexible investment strategy: ideal for full rental optimization, house-hacking, or a hybrid long-term/short-term rental model.

Location

State NY

County Albany

Zoning Multi Residence

Direction FROM ALBANY Get on I-787 N Merge onto I-787 N Continue on NY-787 N. Drive to White St in Cohoes

Interior

Heating Forced Air

Flooring Tile, Hardwood

Window Features Double Pane Windows

Exterior

Exterior Feature None

Parking Features None

Roof Type Flat

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Cohoes

Others

Tax ID 010300 10.67-2-2

Special Listing Condition Standard

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NEARBY SCHOOLS & PROPERTIES

Inglenook Realty, Inc.

NYS Licensed Real Estate Brokerage | License ID: 109931319

+1(518) 882-6236

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