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    Renovated Duplex with Cash Flow Title is generated by Realmo AI

    5 Short Street, Cohoes, NY 12047

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    Claim this Listing
    For Sale
    $329,999

    MULTI_FAMILY - Other - Cohoes, NY

    Property size:
    2,116 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $155/SF
    Added:
    Mar 17, 2026
    Days on Market:
    103
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 5 Short Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 1
    Exterior features
    Outdoor Kitchen
    Fencing
    Fenced
    Basement
    Full
    Standard status
    Active
    APN
    010300 10.60-2-20
    Size
    2,116 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3785

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Aluminum Siding
    Architectural style
    Other
    Additional Structures
    Outdoor Kitchen

    We can help!

    Contact an agent
    Saad Tai

    Listing agent Saad Tai License #10401373295

    Listing office Real Broker NY LLC 401 Park Avenue S 10th Fl, New York, NY

    Listing date Mar 17, 2026

    MLS# 202613396 Listing URL

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Renovated duplex with 6 bedrooms and 2 full baths in 2,116 sq ft
    • Unit 1 is vacant and ready for an owner‑occupant; Unit 2 is rented for $1,700/month
    • Both units updated with modern finishes
    • Basement waterproofing completed with a new sump pump installed April 2026
    • Public water and public sewer
    • Natural gas heat with baseboard; aluminum siding; fenced yard and outdoor kitchen

    Overview

    This fully renovated duplex in Cohoes, NY, presents an opportunity for owner-occupancy with immediate cash flow. The property features two units, with a total of 6 bedrooms and 2 full baths, encompassing 2,116 square feet. Unit 1 is currently vacant, making it suitable for an owner-occupant. Unit 2 is rented for $1,700 per month. Both units have been updated with modern finishes. Recent basement waterproofing includes a new sump pump installed in April 2026. The property is situated on a 0.31-acre lot. The property offers a strong rental history and low taxes, assessed at $3,785 per year. This property is suited for first-time investors, owner-occupants seeking to offset housing costs, or buy-and-hold portfolios.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.8k $17.40
    − Vacancy −$1.9k −$0.90
    EGI $34.9k $16.50
    − OpEx −$10.5k −$4.95
    NOI $24.4k $11.55
    2,116 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $349.0K
    $305.4K – $407.2K (±1% cap)
    NOI $24,433 @ 7.0% cap · market cap 7.40%
    Second Best
    Apartment 5plus
    $322.9K
    $282.5K – $376.7K (±1% cap)
    NOI $22,602 @ 7.0% cap · market cap 6.85%
    Theoretical Best
    Office A
    $660.3K
    $577.8K – $770.3K (±1% cap)
    NOI $46,220 @ 7.0% cap · market cap 14.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cohoes
    County
    Albany
    State
    New York
    Longitude
    -73.695938
    Latitude
    42.773447

    FAQs

    What type of property is this?
    Duplex - Fully renovated duplex in Cohoes, NY with immediate cash flow.
    Where is this duplex located?
    The property is located at 5 Short Street Cohoes, NY.
    What is the asking price?
    The asking price for this property is $329,999.
    What are key features of this property?
    This property features: Renovated duplex with 6 bedrooms and 2 full baths in 2,116 sq ft; Unit 1 is vacant and ready for an owner‑occupant; Unit 2 is rented for $1,700/month; Both units updated with modern finishes
    More about this property
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