Overview
Description
Excellent investment opportunity in Albany’s desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical, updated kitchen and bath. Unit 3 (back) is being used as an AirB&B, $2,600-2,800/monthly. Conveniently located near public transportation and neighborhood amenities, this is a fantastic opportunity in one of Albany’s most established rental markets.
Property Id: 705860
Price: $ 495,000
Property Size: 3,495 ft2
Property Lot Size: 0 ft2
Bedrooms: 9
Bathrooms: 3
Listing Agent Email: marianadeluca@howardhanna.com
Listing Agent: Mariana DeLuca
Listing Agent Phone: 518-258-7595
Listing Office: Howard Hanna Capital Inc
Other Features
Has Heating System
$ 2,537.96
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,919.21
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