Fix & Save! Tons of Rental Potential in this 3 Unit in the City of Albany. Property has been gutted on the interior and is ready to be put back together! Solid Brick exterior. Close to bus line, walking distance to shopping and eateries. Priced to Sell!
Rare Investment opportunity! Well maintained three unit brick building, conveniently located in downtown. Cap rate greater than 16%! All Units on Separate electrical heat and utilities. No Furnace required, extremely Low Maintenance! Owner furnishes Water & Sewer and Trash Removal ONLY. First floor unit on Month to Month lease, tenants must be contacted 24hours in advance for showing; Second floor unit kept vacant for easy showing; Basement unit being used as an office. Require signed Covid Disclosure for showing approval. Showing Starts on Thursday, Oct 8th.
This 3 family property has a trio of 2 bedroom one bath apartments. Currently has one tenant who is the overseer for all of the owners properties. A little tlc and paint and property could rent roll $3,000 month. This property is part of a 6 property portfolio consisting of 13 units and 5 garage spaces. All within 5 minutes of eachother, with many long term tenants. The address are 399 1st St, 397 1st St, 395 1st St, 346 2nd St, 348 2nd St, 295 1st St and 330 Orange St.
Great Opportunity For Investment Or Owner-Occupancy, Great To Start Are To Add To Your Portfolio, Completely Gutted And Renovated From Top To Bottom, Why Rent And You Can Buy,Huge New Asphalt 20 x 53 1060 Sq Ft Off-Street Parking ON A Double Lot. This Is A Must See.
Three-family investment property fully rented with long-term tenants. Centrally located downtown and cornering Lark St. West Mall Center Luxury apartments across the street and overall an attractive area for tenants.
this would make a lovely owner occupied space for a first time home buyer. Two apartments sprawled out over four floors. Two bedrooms in apartment 1 and three in apartment 2. Lots of architectural features remain. Tasteful bath and kitchen remodels, stainless and ceramic with dishwasher and farm sink. Separate utilities, both boilers and water heaters younger than 10 years. Main roof done last summer. Deck to be build on the rear as soon as it warms up some. I own it. Better/More pics soon.
The infamous "Tillerman" property which once acted as an old fire station and has undergone substantial commercial rehab is ready for the next owner to extend and maximize the opportunity for the building. Zoned as "Mixed-use, neighborhood edge," the bottom front half of the building houses two commercial spaces ready to rent, market rents generating a projected $3,500/month. Upstairs are two modern luxury apartments that yield $3,750/mo. Finishing the renovations in the remaining two 1st floor spaces would allow for a projected 13k in gross revenue a month. All new electrical, HVAC, and roof. Approx. 6.7% cap. Please only serious inquiries.
This property is Real Estate Owned, or REO. The property was foreclosed and repossessed by a lender when the owner failed to make payments. A bank is now the owner. Since banks are not in business to own homes, they are usually interested in selling foreclosed homes quickly at attractive low prices. A list price is published but reasonable offers can be submitted for consideration. Offers can be submitted through the official Listing Agent but in some cases, no agent is listed and offers can be submitted the bank owner directly.