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228 Western Av Albany, NY 12203-1322

$3,890,000
  • Baths
  • Multi-Family
  • MLS # 201912764
Brokered By: Carrow Real Est Services LLC

Contact Daniel Davies

Contact Daniel Davies

NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS
(518) 656-9068
dan@daviesrealty.net

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Property Details

  • Town: Albany
  • Property Type: Multi-Family
  • Estimated Taxes: $78,860
  • County: Albany
  • Parking Spaces: 31
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 3
  • Bedrooms Unit 3: 3

Remarks

70 BED STUDENT HOUSING INVESTMENT OPPORTUNITY IN THE HEART OF THE PINE HILLS STUDENT RENTAL MARKET. 12 PROPERTIES ALL WITHIN ONE BLOCK. 24 UNITS. 31 PARKING SPACES. 100% OCCUPANCY WITH PERFECT RENTAL HISTORY. FULL YEAR LEASES WITH PARENTAL GUARANTEES. ALL UNITS SEPARATELY METERED. NO DEFERRED MAINTENANCE. SHORT WALK TO COLLEGE OF ST. ROSE, UALBANY, AND BRAND NEW SUNY POLY CAMPUS. 7.74% CAP. ALWAYS RENTED! SOLID INVESTMENT.

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