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$ 226,000
Est. payment /mo
Pending
506-508 THIRD ST Albany, NY 12206-2422
4 Beds
4 Baths
3,128 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family +
Listing Status Pending
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $72
MLS Listing ID 202114742
Bedrooms 4
Full Baths 4
Year Built 1900
Annual Tax Amount $3,731
Lot Size 2,613 Sqft
Property Sub-Type 3 Family +
Property Description
Wonderful opportunity to own a four-family property in Albany! This well maintained, multi-family property is fully rented with established tenants and is ready for you to collect the rents! Units 1 & 2 each rent for $665/month and Units 3 & 4 each rent for $715/month, totaling a potential income of $33,120/year! This property boasts rear decks that are approx. 6-7 years old, energy efficient windows, 4 hot water heaters, and 1 boiler w/ each unit having a preset thermostat. Owner furnishes heat, and tenants pay separately for electric and hot water. All units are one bedroom/one bathroom and have yard access. Property is zoned R-2 District and has a full basement with multiple potential uses. Conveniently located near bus line and local park, this property is a must see!
Location
State NY
County Albany
Area Albany City-N Central (112)
Zoning R-2
Body of Water No
Interior
Heating Natural Gas
Cooling None
Flooring Carpet, Linoleum
Fireplaces Number 1
Exterior
Exterior Feature Deck, Fenced Yard
Building
Lot Description Level
Sewer Public
Water Public
Structure Type Aluminum
Schools
School District Albany
Others
Special Listing Condition No Special Conditions
Listed by PMI Capital District