Sharon FronkRealtor® · Howard Hanna
LoadingSold · listed at $499,000
Albany, NY 12206 · Albany County
Check out this money maker in Albany, which generates over $87,000 annually when fully rented. This rock-solid 6-unit typically brings in over $7,000/month in gross rents, plus additional cash flow from coin-op laundry. Two units delivered vacant and move-in ready: one fully updated and the other to be renovated prior to closing - providing immediate flexibility for an owner-occupant or the opportunity to set rents with tenants of your choosing. It's a true turnkey asset featuring a low-maintenance brick exterior and a history of being fully rented. Reliable, on-time rental income, which minimizes collection risk. The location is ideal for keeping occupancy high, sitting just minutes from downtown, local amenities, and major bus lines. *The sale includes two separate parcels. If you are looking for a stabilized, high-performing property that pays off from day one, this is it. AGENTS: Please see remarks and docs for lots of additional info.
21 facts pulled straight from the MLS listing.
Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Realty One Group Key · Listed by Tina E Stehlin (24510)
MLS #202530337 · 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.
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Albany is in Albany County, NY. There are currently 196 active listings here, ranging from $15,600 to $8,000,000.
See Sharon's Albany community guideReal numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.
