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About the Listing o1720A - 2203
Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3- story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo, offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.
Listing Highlights for 65 Watervliet Ave
Interior Details
- Bedrooms: 10
- Bathrooms: 9 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: Baseboard,Electric,Hot Water,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8424
- Below Ground Sq Ft: 2808
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Rubber
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $16,066
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.21-1-50
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
65 Watervliet Ave Albany, NY 12206
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