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339 1ST ST

Albany, NY 12206
  • $115,900
  • STATUS: Active
  • MLS #: 202132231
UPDATED: 61 min ago
$115,900
  • 6
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,400
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

School District:

Description

Great cash flowing property to add to any investors portfolio. Or owner-occupy and live for free! This up-and-down style 2F is in Albanys West Hill neighborhood. Convenient location to downtown, UAlbany, highways, and multiple parks. Both units have 3 bedrooms, and are currently rented month to month for $900 each. All tenants paid to date. Separate utilities: tenants pay electric, heat, and hot water. Very low expenses here = huge return. See proforma for 12% Cap Rate and 30% cash on cash return. Double lot provides extra comfort and space for parking and play. Roof 9 years old, replacement windows, solid brick foundation. Get in before its gone.

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© 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-12-08T15:12:23.127.
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339 1ST ST Albany, NY 12206

  • Price: $115,900
  • Status: Active
  • On Site: Days
  • Updated: 61 min ago
  • MLS #: 202132231
6
Beds
2
Baths
0
½ Baths
0.06
Acres
1,400
SQFT
$83
$/SQFT
1925
Built
Neighborhood:
West Hill
County:
Albany
Area:
Albany City-N Central (112)
School District:
Albany
Property Description
Great cash flowing property to add to any investors portfolio. Or owner-occupy and live for free! This up-and-down style 2F is in Albanys West Hill neighborhood. Convenient location to downtown, UAlbany, highways, and multiple parks. Both units have 3 bedrooms, and are currently rented month to month for $900 each. All tenants paid to date. Separate utilities: tenants pay electric, heat, and hot water. Very low expenses here = huge return. See proforma for 12% Cap Rate and 30% cash on cash return. Double lot provides extra comfort and space for parking and play. Roof 9 years old, replacement windows, solid brick foundation. Get in before its gone.
Exterior Features

Exterior Features Fenced Yard Exterior Type Vinyl Garage Description None Lot 2508 Lot Description LevelOther~See RemarksCleared Model Up And Dow New Construction No Off Street Parking Yes Off Street Parking Spaces 4 Property Description Up-And-Down Roof Rubber

Interior Features

Abv Grnd Sq Ft Description Actual Abv Grnd Sq Ft Source Crs Basement FullUnfinished Below Ground Sq Ft 0 Cooling Type Wall A/C Unit Family Room Neither Unit Flooring Laminate Handicap Access No Heat Fuel Electricity Heat System Baseboard Laundry None Unit One Amenities High Speed InternetCable Television Unit One Appliances Range W/OvenRefrigerator Unit One Bath First Floor 1 Unit One Bedrooms First Floor 3 Unit One Dining Room Type None Unit One Kitchen Eat In Unit One Partial Baths 0 Unit One Total Bedrooms 3 Unit Two Amenities High Speed InternetCable Television Unit Two Appliances Range W/OvenRefrigerator Unit Two Bedrooms Second Floor 3 Unit Two Dining Room Type None Unit Two Full Baths Second Floor 1 Unit Two Kitchen Eat In Unit Two Total Bedrooms 3 Unit Two Total Partial Baths 0

Property Features

City Town Taxing Entity Albany Class Two Family Electric Exp Description Actual Gas Expense Description Actual General Taxes 823 General Taxes Description Estimated Oil Expense 0 Oil Expense Description None Other Income 0 Rental Inc Desc AEW Actual Rental Income 21600 School Taxes 1043 School Taxes Description Actual Separate Utilities ElectricGasHeatWater Heater Sewer Public Special Market Conditions No Special Conditions Style Duplex-Over/Under Total Taxes 1866 Total Taxes Description Estimated Unit One Occupied Month-To-Month Unit One Possession W/ Notice Unit One Rent 900 Unit One Rent Description Actual Unit Two Occupied Month-To-Month Unit Two Possession W/ Notice Unit Two Rent 900 Unit Two Rent Description Actual Water Public

Listing information © 2021 Global MLS.
Listing provided courtesy of Adam Nye of Keller Williams Capital Dist:518-560-0050.



© 2021 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2021-12-08T15:12:23.127.
 
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