A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring… Read More in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (371 & 373 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $1,275-$1,300 per month, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. This building is exactly what the city has been trying to have developers built for affordable housing but a quarter of what it would cost to build. SERIOUS BUYERS WITH PROOF OF FUNDS, OR PRE APPROVED BUYERS ONLY. *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER* Read Less
Courtesy of Christine L Sbardella (518-369-4856), 518 Realty.Com Inc.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multi Family
Beds
6
Full Baths
6
Lot Size
0.06 Acres
Year Built
1930
MLS Number
202530978
30 Days Snapshot Of 12210
$275k
+30%
(avg) sold price
1
0%
home sold
126
+27%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Full", "Unfinished"
Building
Architectural Style: "Apartment 4 Plus Unit", Construction Materials: "Brick", Living Area: 3,564, Number Of Units Total: 6, Year Built: 1930
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