506-508 3rd Street
- Multi-Family
- MLS # 202329006
Property Details
- Acres: 0.06
- Town: Albany
- Property Type: Multi-Family
- Bedrooms: 4
- Full Bathrooms: 4
- School District: Albany
- Estimated Taxes: $3,776
- Water: Public
- Sewer: Public Sewer
- Heat: Baseboard, Hot Water, Natural Gas
- Basement: Walk-Out Access
- Exterior: Aluminum Siding
- Exterior Features: None
- County: Albany
- Cooling: None
- Interior Features: Paddle Fan, High Speed Internet
Remarks
Wonderful opportunity to own a 4-family (2 duplexes) in Albany! This income producing multi-unit has owner-occupancy potential. 2 recently remodeled units w/ new appliances and flooring have estimated rents of $850/mo. each. Another is currently rented w/ a long-term tenant at $715/mo. Additional unit estimated at $715/mo. Total potential rental income of $37,560/year ($3,130/month)!
This property boasts rear decks that are under 10 yrs old, energy efficient windows, 4 hot water heaters, and 1 boiler w/ each unit having a preset thermostat.
Tenants pay separate electric and hot water (owner furnishes heat). All units have yard access. Property is zoned R-2 District and has a full basement w/ multiple potential uses. Conveniently located near bus line and local park. A must see!
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Contact Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
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