Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. $17,870 monthly rent roll. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).
Property Type(s):
Multi Family
|
Last Updated
|
9/23/2026
|
Year Built
|
1880
|
|
Garage Spaces
|
9.0
|
County
|
Albany
|
SCHOOLS
Additional Details
| BASEMENT |
Other, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
Other |
| GARAGE |
Yes |
| HEAT |
Forced Air |
| LOT |
7841 sq ft |
| LOT DIMENSIONS |
0.18 |
| PARKING |
Paved, Garage |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit |
| TAXES |
35172.3 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of New Scotland Realty
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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