Multi Family In Albany
- 10 Beds
- 9 Baths
- 8,424 Sqft
- 3,921 Sqft lot
- Updated: September 26
- Source: Global MLS MLS#202627002
About the Property
story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass
windows and direct street access. Apartments currently generate $8,325/mo; both storefronts
story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass
windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo,
offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight
Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.
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Property type
Other
-
Year built
1930
-
Price/sqft
$148
Features
- Investment Property
- Air Conditioning
- Balcony
- High Ceiling
- Basement
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