Albany, NY 12208 · Albany County

This six-unit investment property in Pine Hills offers strong income potential with documented annual rental revenue of $74,950. Built in 1900 and updated with new plumbing and electrical systems, the 3,392-square-foot building sits on a ninth-acre lot in a neighborhood with convenient access to restaurants, shopping, public transportation, colleges, and downtown Albany. Natural gas heating and ductless climate control provide efficient utilities. The property can be purchased separately or packaged with two additional multifamily buildings for a larger portfolio acquisition.
Excellent 6-Unit Investment Opportunity in Albany's Pine Hills! Well-positioned multifamily property in the desirable Pine Hills neighborhood. Strong rental potential with convenient access to restaurants, shopping, public transportation, colleges, and downtown Albany. An excellent opportunity for investors looking to add a multifamily asset to their portfolio. Property offers multiple income-producing units and potential for future value appreciation. Updated units, all new plumbing and electrical. Total yearly income $74,950.00 (full detailed sheet available).It can sold as a package with 77 S. Allen (3 units) and 328 Western Ave (10 units).
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Albany is in Albany County, NY. There are currently 254 active listings here, ranging from $12,500 to $10,899,000. Listings in this address fall under the Albany school district. Priced 148% above the Albany median of $320,000.
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Howard Hanna Capital Inc · Listed by Mariana DeLuca (30194)
Contact: 518-258-7595
MLS #202624324 · Source: Global MLS, Inc.
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Every change captured by Global MLS since this listing went live.
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