Sold · 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.
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Realty One Group Key · Listed by Tina E Stehlin (24510)
MLS #202530337 · Source: Global MLS, Inc.
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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.