Greek Revival located in charming, historic upstate town of Johnstown (on the South end, amongst other beautiful buildings). Built in 1903 by a wealthy family in the leather business and converted into 5 large, attractive apartments in the 1950’s. Each apartment renovated, upon purchase, by current owners in 2003, with additional improvements made throughout ownership. Meticulously built w/ expressive classicism throughout. Solid investment. 8% Cap. Turnkey, fully stabilized with less than 1% vacancy rate. Flexible mo-to-mo leases. Keep as-is w/tenants willing to sign long-term leases, rent on short term basis to vacationers and/or use as second home away from large city. Large Carriage House garage included, can be converted into additional apartments. See attached Offering Memorandum for details and more photos. Please inquire to obtain APOD's and Pro Forma's.
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