Overview
Description
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Property Id: 661889
Price: $ 1,025,000
Property Size: 6,600 ft2
Property Lot Size: 0 ft2
Bedrooms: 19
Bathrooms: 12
Listing Agent Email: theREIpros518@gmail.com
Listing Agent: Stephen M McCormick
Listing Agent Phone: 518-698-6321
Listing Office: Tier One Real Estate Pros LLC
Other Features
Has Heating System
None
Open Parking
$ 5,255.38
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 3,974.13
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