UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,320 sqft
Price per Sqft $81
MLS Listing ID 202525498
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1890
Annual Tax Amount $8,831
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 33X115.2
Property Sub-Type Duplex
Source Global MLS
Property Description
The first-floor unit features 4 bedrooms and 1 full bath, most recently rented for $2,200 per month plus $600 in water fees. The second-floor unit offers 3 bedrooms and 1 full bath, with a history of $1,800 per month plus $450 in water fees. Both units offer spacious layouts and strong rental appeal, ensuring continued demand.
With a projected cap rate of approximately 10%, this property offers excellent cash flow potential. Its prime location and solid rental history, make it perfect for those looking to generate immediate income or occupy one unit while collecting rent from the other. A smart addition to any portfolio!
Location
State NY
County Albany
Direction Western Ave traveling east take right onto Ontario St,, left onto Hamilton St. Two blocks east of College of St Rose.
Interior
Heating Hot Water, Natural Gas
Flooring Vinyl, Ceramic Tile, Hardwood
Exterior
Exterior Feature Other
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
School District Albany
Others
Tax ID 010100 65.61-3-47
Special Listing Condition Standard
Get More Information
Erin Steinbach
Lic. Associate R. E. Broker | License ID: 10301217507
Lic. Associate R. E. Broker License ID: 10301217507