347 3rd Street, Albany, NY 12206, Albany

$ 240,000

Overview

  • Updated On:
  • November 8, 2026
  • 6
  • Bedrooms
  • 2
  • Bathrooms
  • 2,132 ft2
  • Property Size

Description

INVESTMENT OPPORTUNITY! TWO-UNIT PROPERTY WITH FOUR GARAGES & 15.20% CAP RATE! Attention investors and entrepreneurs! Don’t miss this unique opportunity to own an income-producing two-unit property featuring FOUR GARAGES and additional potential for those looking to expand their investment portfolio. The four garages offer additional flexibility for storage, workspace, automotive projects, or potential supplemental income (buyer to verify permitted uses). Recent improvements include a NEWER ROOF, NEWER FERNANCE, and 2 NEW HOT WATER TANKS. Whether you’re an experienced investor looking to add another property to your portfolio or an entrepreneur seeking a property with garage space and income-producing potential, this opportunity is worth exploring!
Restricted Showings M, W, F & Saturday 10 am- 7pm please wear a face mask when entering first floor apartment.

Address: 347 3rd Street, Albany, NY 12206
City:
State/County:
Zip: 12206
Country: United States

Property Id: 932069
Price: $ 240,000
Property Size: 2,132 ft2
Property Lot Size: 0 ft2
Bedrooms: 6
Bathrooms: 2
Listing Agent Email: shaniaholtellis@gmail.com
Listing Agent: Shania Holt
Listing Agent Phone: 518-956-0208
Listing Office: Find Advisors

Other Features
Has Heating System
None
Open Parking

$ 1,230.53
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 930.53

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Colin McDonald

Broker Owner

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Colin McDonald