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About the Listing o2381A - 33041,33434
Highest & Best due by 6pm 3/29 Sunday Well-maintained three-unit property located in the City of Albany, offering strong income potential and owner-occupant flexibility. Total current gross rental income is $2,550/month, with additional upside to $3,450/month when the vacant unit is leased. The first-floor unit features 3 bedrooms and 2 full baths, currently rented at $1,350/month. The second-floor unit offers 2 bedrooms(plus bonus room) and 1 full bath, rented at $1,200/month. The third-floor unit includes 1 bedroom and 1 bath and is currently vacant, with an estimated rental value of $900/month. ROPs are current and up to date. Property is in great condition with hardwood floors throughout and a roof approximately 13 years old. Updated electrical adds to the overall value. Tenants have access to washer and dryer in the basement, off-street parking for up to three vehicles, and a private backyard. Conveniently located just off Delaware Avenue, close to shopping, dining, and public transportation. Directly across from Lincoln Park and tennis courts, and minutes from Albany Medical Center and St. Peter's Hospital. Owner currently pays water, sewer, trash, hot water, and internet. Tenants pay electric, gas, and heat. Property offers views of downtown Albany. Excellent opportunity for investors or owner-occupants seeking immediate income with additional upside.
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Hot Water,Natural Gas
- Fireplaces:
- Floor: Tile,Hardwood
- Above Ground Sq Ft: 2973
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other: Built-in Features
- Water: Public
Exterior Details
- Lot Description: Level,Views
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Paved
Financial Details
- Tax Amount: $7,277
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 76.47-2-4
- Tax Year: N/A
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Monthly Payment
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288 Morton Ave Albany, NY 12209
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