Overview
Description
High-performing duplex in Albany, New York with strong in-place rents + extra income from coin-op laundry. A clean, easy-to-underwrite pro forma that works for both investors and owner-occupants (house hack).Both units are currently rented at $1,900/month unit 2 and $1800/Month unit 1 each for total rent of $3,700/month ($44,400/year), plus approximately $1,292/year in laundry income. Total gross income is ~$45.692/year. Operating expenses are straightforward: city + school taxes ($8,181/yr), and owner-paid water/sewer ($1,200/yr) Estimated 10% Cap Rate utilities are tenant-paid (gas/electric); owner pays water/sewer only.
Property Id: 507532
Price: $ 349,000
Property Size: 3,130 ft2
Property Lot Size: 0 ft2
Bedrooms: 8
Bathrooms: 2
Listing Agent Email: eerunner2001@yahoo.com
Listing Agent: Ellen Evans
Listing Agent Phone: 518-312-7116
Listing Office: Gendron's Property Management
Other Features
Has Heating System
None
Open Parking
$ 1,789.39
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,353.14
Wed
25
Mar
Thu
26
Mar
Fri
27
Mar
Sat
28
Mar
Sun
29
Mar
Mon
30
Mar
Tue
31
Mar
Wed
01
Apr
Thu
02
Apr
Fri
03
Apr