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About the Listing o3207A - 24510,38423
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.
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Electric,Forced Air,Hot Water,Natural Gas
- Fireplaces:
- Floor: Ceramic Tile,Hardwood,Laminate
- Above Ground Sq Ft: 8820
- Below Ground Sq Ft: 0
- Basement: Apartment,Full,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof: Flat,Rubber
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $11,681
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.39-1-3
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
4042 40-42 Ontario St Albany, NY 12206
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