Overview
Description
OPEN HOUSE SUNDAY, 10:00 AM-12:00 PM!
Turnkey, income-producing two-family offered at $250,000 with six total bedrooms and $2,900 per month in combined gross rental income. Unit 1 currently rents for $1,400 per month, while Unit 2 rents for $1,500. Both units are tenant occupied on month-to-month agreements, offering flexibility for future ownership plans subject to applicable notice requirements and legal requirements.
Both units have been updated, providing comfortable living spaces with limited near-term improvement needs. The front portion of the roof was recently updated, while the rear portion is approximately three to four years old. Additional features include a private driveway and basement storage.
An attractive opportunity for investors looking to expand their portfolio or enter the Albany multifamily market with an already-operating rental property. Rent information and available property documentation may be requested from the listing agent. Owner occupancy may be possible in the future, subject to existing tenancy and applicable requirements.
Outside of the open house, showings are by confirmed appointment only. Please do not disturb tenants. Buyer to verify rental income, tenancy terms, expenses, property information and permitted use.
- Principal and Interest
- Property Tax
- HOA fee