Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12210 · Albany County
This 1913 brownstone in Albany contains 19 rental units across three stories, combining traditional apartments and room rentals. The 6,600 square foot building includes a basement, three-car garage, and separate parking lot at 27 2nd Street. Located in New York's capital, the property sits near Albany's restaurant scene, cultural institutions, and regional attractions. A multi-unit income property with no homeowners association.
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
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Albany is in Albany County, NY. There are currently 225 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 258% above the Albany median of $299,900.
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Tier One Real Estate Pros LLC · Listed by Stephen M McCormick (35034)
Contact: 518-698-6321
MLS #202618199 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
Every change captured by Global MLS since this listing went live.
Real numbers from current MLS data. Not a third-party estimate.
