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About the Listing o3091A - 31431,30735
Cash-flowing, fully occupied three-unit property located in a prime college rental area. Each unit features a 1-bedroom, 1-bath layout with a strong and consistent rental history spanning the past seven years. The property is currently operating at a 9.37% + cap rate, making it an excellent opportunity for investors seeking reliable income. The basement unit is currently vacant, offering immediate upside potential or flexibility for an owner-occupant. Conveniently located just eight minutes from the nearest bus stop, providing easy access to campus and surrounding amenities. A solid investment opportunity with proven performance in a high-demand rental market. First floor vacant, second floor lease 12/19/24 - 12/29/26, top floor lease 7/1/22 - 6/27/26 Can be packaged with 3-unit 558 Washington Ave or sold separately.
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2244
- Below Ground Sq Ft: 0
- Basement: Finished
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,742
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.61-2-28
- Tax Year: N/A
Payment Calculator
Monthly Payment
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238 Ontario St Albany, NY 12203
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