Allen D. Johnson

28 White Street, Cohoes, NY 12047

New - 7 Hours Ago
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Property Description

Fully Renovated 3-Family | Turn-Key Investment | Strong Cash Flow.
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 cafƩs, 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.

28 White Street | MLS# 202615986

This multi-family property located at 28 White Street, Cohoes, NY 12047 is currently listed for sale with an asking price of $500,000. White Street is located within the Cohoes school district. Search Cohoes real estate on allen-johnson.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.06 Acres
Roof Type: Flat
Taxes: $2,353
Year Built: 1900

Feature Descriptions

Exterior: None
Exterior: Brick
Flooring: Tile, Hardwood
Foundation: Stone
Laundry: Gas Dryer Hookup, Main Level, Washer Hookup
Lot: Level
Parcel #: 010300 10.67-2-2
Parking: None
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Above Grade Finished: 3828
Water: Public
Windows: Double Pane Windows

Local Schools

School District: Cohoes

Estimate Your Payment

Estimated Payment

$ 1,454.70 per month $1,112.78 Principal & Interest $196.08 Property Tax $145.83 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Monticello
Agency Phone: 1 518-423-1916

Shown By

Agent Name: Allen D. Johnson
Agent Phone: (518) 952-1104 Cell
Agency Title: Coldwell Banker Prime Properties

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