Sharon FronkRealtor® · Howard Hanna
LoadingSold · listed at $265,000
Albany, NY 12203 · Albany County
Cash-flowing Pine Hills duplex has strong upside potential. Its location places tenants within close distance of UAlbany, Albany Med, neighborhood restaurants, and public transportation. The property also sits close to Townsend Park and the proposed International District, both identified as areas of importance in Albanys $200 Million revitalization plan This income producing property presents a great opportunity for investors or house-hack buyers seeking steady rental income in one of Albany's most consistent rental markets. Unit 2 is currently rented for $2000 month and Unit 1, currently vacant, has a projected rent of $1300 with room for growth. Investment highlights include a history of strong rental income, desirable unit layouts, separate utilities (including a new high efficiency boiler), and updated bathrooms. Whether you are an investor looking to expand your portfolio with a stable income-producing property, or a buyer interested in living in one unit while the other offsets your mortgage, this duplex offers both day one cash flow and long-term upside potential in a well-established rental location.
23 facts pulled straight from the MLS listing.
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Albany is in Albany County, NY. There are currently 204 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district.
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Akoma Realty Services LLC · Listed by Peter Melito (23636)
Contact: 518-461-8435
MLS #202610924 · Source: Global MLS, Inc.
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Licensed Real Estate Salesperson · Howard Hanna
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Real numbers from current MLS data. Not a third-party estimate.
Activity across 3 MLS listings of this property.
