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About the Listing o3091A - 31431,30735
Fully occupied, cash-flowing three-unit property located in a desirable student rental area. Each unit features a 2-bedroom, 1-bath layout and the property is currently achieving an impressive 8.34% cap rate. With an exceptionally strong rental history and consistent performance over the past 11 years, this asset offers reliable income and proven stability. Conveniently situated just 11 minutes from the nearest bus stop, providing easy access to campus and surrounding amenities, walking distance to Albany High. An excellent opportunity for investors seeking a high-performing property in a high-demand rental market. Value add potential with a 3 car garage located directly behind property. Can be packaged with 3-unit 238 Ontario St or sold separately.
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Radiant,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2562
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof: Shingle,Asphalt
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,292
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.54-3-5
- Tax Year: N/A
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Monthly Payment
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558 Washington Ave Albany, NY 12203
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