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$ 735,000
Est. payment /mo
Active
255 STATE ST Albany, NY 12210-2117
8 Beds
8 Baths
4,340 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family +
Listing Status Active
Purchase Type For Sale
Square Footage 4,340 sqft
Price per Sqft $169
MLS Listing ID 202125922
Bedrooms 8
Full Baths 8
Year Built 1890
Annual Tax Amount $15,875
Property Sub-Type 3 Family +
Property Description
255 State street is the investment that you have been looking for. This 9-unit building is within walking distance to everything Center Square has to offer, which means that it is very easy to rent. The heating system was updated in 2015, with 3 high efficiency Westinghouse boilers and a 60 gallon water heater. (receipt attached) The tenants love having heat and hot water included, which leaves just the electric and cooking gas up to them. We know that some of the units could be updated, but have priced this building with that in mind. Once updated, you could easily be getting 1,000 per unit, if not more. All units are 1br or studio. Please make an appointment and provide proof of funds.**
Location
State NY
County Albany
Area Albany City-Se (114)
Body of Water No
Interior
Heating Natural Gas
Cooling None
Fireplaces Number 1
Exterior
Parking Features None
Waterfront Description No Waterfront
Building
Sewer Public
Water Public
Structure Type Brick,Stone
Schools
School District Albany
Others
Special Listing Condition No Special Conditions
Listed by Coldwell Banker Prime Prop.