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$ 235,000
Est. payment /mo
Pending
700 CENTRAL AV Albany, NY 12206
5 Beds
3 Baths
2,472 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family +
Listing Status Pending
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $95
MLS Listing ID 202124622
Bedrooms 5
Full Baths 3
Year Built 1920
Annual Tax Amount $7,133
Property Sub-Type 3 Family +
Property Description
Three-family with off-street parking in the back to boot. Right on the bus-line and walking distance to Shoprite and Dunkin' Donuts as well as other amenities, making it an easy rental for those that need walkability, especially solo renters looking for 1 bedroom units. Looking at 8.11% cap with potential for upside with value-add from both increased rent and/or the unused 3-car garage in the back which can either be rehabbed for storage rental or demolished for more parking space. Unit makeup consists of 2 1BR/1BA units downstairs and 1 3BR/1BA upstairs. Available as package with neighboring properties (604 Central, 684 Central, 692 Central & 700 Central, 9 units total).
Location
State NY
County Albany
Area Albany City-N Central (112)
Body of Water No
Interior
Heating Natural Gas
Cooling None
Fireplaces Number 1
Exterior
Garage Spaces 3.0
Building
Sewer Public
Water Public
Structure Type Vinyl
Schools
School District Albany
Others
Special Listing Condition Exclusive Agency Listing
Listed by New Scotland Realty