917 Park Avenue, Albany, NY 12208

$1,100,000
14
BD
7
BA
6,756
SqFt

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List Price
$1,100,000
MLS#
202628213
Style
Apartment 4 Plus Unit
Bedrooms
14
Bathrooms
7

Property Description

7 Unit building with off street parking , all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: Current rents have room for improvement based on current market rent. Turn key building with updated mechanicals and new roof in last 3 years. Tenants pay for electric and owner pays for heat. Boiler is 10 years old and serviced twice annually. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Financials available upon request. This can be sold as package deal with adjacent property 921 Park Avenue. Please refer to MLS #202628215 for 921 Park Avenue.

Additional Information

Taxes
$14,809
Acres
0.13
Lot Dimensions
49.5X115.5
Lot Description
Level
School District
Albany
Heating
Hot Water
Exterior Features
Other
Construction
Wood Siding, Vinyl Siding
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Water
Public

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Listing courtesy of listing agent Christine M Serafini with Miranda Real Estate Group Inc Brokerage, 518-514-8830.

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