Amazing investment opportunity in the City of Albany to own a 12-unit apartment complex. Featuring (9) one-bedroom apts, (2) studio apts and (1) two bedroom apt. Previously rent was approx. $88k/year with vacancies. Projected rent after renovations approx. $140k/year. Solid building with taxes $8k, insurance currently $3,072/year, water, sewer & trash approx. $2,500/year. All units have separate meters & utilities. Sold as-is, cash or hard money only!
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Features
Square Feet: 6,032
Town: Albany
Bedrooms: 13
Full Bathrooms: 12
Estimated Taxes: $10,000
Water: Public
Sewer: Public Sewer
Heat: Electric, Space Heater, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Brick
Exterior Features: None
Parking Spaces: 0
Location
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