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339 1st Street

Albany, NY 12206
  • $115,900
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 139873
UPDATED: 44 min ago
$115,900
  • 6
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Ratings & Info

School District:

Description

Great cash flowing property to add to any investor's portfolio. Or owner-occupy and live for free! This up-and-down style 2F is in Albany's West Hill neighborhood. Convenient location to downtown, UAlbany, highways, and multiple parks. Both units have 3 bedrooms, and are currently rented month to month for $900 each. Separate utilities: tenants pay electric, heat, and hot water. Very low expenses here = huge return. See proforma for 12% Cap Rate and 30% cash on cash return. Double lot provides extra comfort and space for parking and play. Roof 9 years old, replacement windows, solid brick foundation. Get in before it's gone.

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© 2022 Columbia Greene and Northern Dutchess MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2022-01-24T22:46:21.567.
www.gabelrealestate.com/homes/123192425
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339 1st Street Albany, NY 12206

  • Price: $115,900
  • Status: Active
  • On Site: 74 Days
  • Updated: 44 min ago
  • MLS #: 139873
6
Beds
2
Baths
0
½ Baths
0.06
Acres
1,400
SQFT
$83
$/SQFT
1925
Built
Neighborhood:
Albany
County:
Albany
Area:
Albany
School District:
Albany
Property Description
Great cash flowing property to add to any investor's portfolio. Or owner-occupy and live for free! This up-and-down style 2F is in Albany's West Hill neighborhood. Convenient location to downtown, UAlbany, highways, and multiple parks. Both units have 3 bedrooms, and are currently rented month to month for $900 each. Separate utilities: tenants pay electric, heat, and hot water. Very low expenses here = huge return. See proforma for 12% Cap Rate and 30% cash on cash return. Double lot provides extra comfort and space for parking and play. Roof 9 years old, replacement windows, solid brick foundation. Get in before it's gone.
Exterior Features

Construction Frame Lot Measurement Sqft Lot Square Footage 2508.00 Number Of Meters 2 Paved Street Yes Roof Rubber Siding Vinyl

Interior Features

Basement FullUnfinished Heat Type Base Board Number Of Furnaces 0 Number Of Heaters 8 Unit1 Appliances RangeRefrigerator Unit1 Rooms Living RoomKitchenBedroomsBathrooms Unit2 Appliances RangeRefrigerator Unit2 Rooms Living RoomKitchenBedroomsBathrooms Water Heater Gas Windows Double HungInsulated

Property Features

Condition Good Electric 200 Amps Flood Zone No Foundation Brick/Mortar Other Tax 0.00 School Tax 1043.00 Sewer Municipal Town Tax 823.00 Unit1 Description 1st Floor Unit1 Electric Incl No Unit1 Heat Included No Unit1 Rent 900 Unit2 Description 2nd Floor Unit2 Electric Incl No Unit2 Heat Included No Unit2 Rent 900.00 Unit3 Rent 0.00 Unit4 Rent 0.00 Village Tax 0.00 Water Municipal

Listing provided courtesy of Adam Nye of Keller Williams Capital Dist.


© 2022 Columbia Greene and Northern Dutchess MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gabel Real Estate. Data last updated: 2022-01-24T22:46:21.567.
 
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798 Route 203
Spencertown NY, 12165