Mechanicville 6 Unit Multifamily 12118

 
Multi family brick building that has 6 unit. Only 3 units are rented currently with a rent roll of $2000 and one bedroom will be rented shortly for $650. Other units with separate entrance are used for weekly tenant attending retreat across the street in town. Many possibilities for new owner.
 
Mechanicville 6 Unit Multifamily 12118
 

Mechanicville 6 Unit Multifamily 12118

Mechanicville is the smallest city by area in the state. The name is derived from the occupations of early residents, who were independent master craftsmen such as millers, carpenters, or butchers, whose professions were commonly known as the “mechanical arts” at the time. When the Champlain Canal reached the settlement in 1823, and especially when the Rensselaer and Saratoga Railroad laid a track through the area in 1835, Mechanicville became an important commerce interchange.

Mechanicville 6 Unit Multifamily 12118

In 1898, a hydroelectric power plant was built on the Hudson River by Robert Newton King, and is now the oldest continuously-operating hydroelectric plant in the United States. By 1900, it was a major transfer yard and car repair center for the railways. In the 1920s, Mechanicville had a population of nearly 10000.In January 2012, a new intermodal and automotive terminal opened on the site of a former Boston and Maine rail yard. The new rail yard, costing $40 million, was built by Pan Am Southern, a joint venture between Pan Am Railways and Norfolk Southern. Some 300 trucks a day visit the site. The automotive terminal is expected to open in the summer of 2014. For additional information about the Town of Mechanicville click on the town button above.

  • Address: Mechanicville, New York 
  • Price: $179,000 
  • PropClass: Multifamily 
  • Property Type: Multifamily 
  • County: Saratoga 
  • Town: Mechanicville 
  • Agent Name: Mary Stapleton 
  • Cell: 518-929-7783 
  • Brokerage: Berkshire Hathoway Blake 
  • Phone: 518-687-2222