High-performing duplex in Albany, New York with strong in-place rents + extra income from coin-op laundry. A clean, easy-to-underwrite pro forma that works for both investors and owner-occupants (house hack).Both units are currently rented at $1,900/month unit 2 and $1800/Month unit 1 each for total rent of $3,700/month ($44,400/year), plus… Read More approximately $1,292/year in laundry income. Total gross income is ~$45.692/year. Operating expenses are straightforward: city + school taxes ($8,181/yr), and owner-paid water/sewer ($1,200/yr) Estimated 10% Cap Rate utilities are tenant-paid (gas/electric); owner pays water/sewer only. Top floor available for showing as per Showing Time instructions. First floor can be shown if further interest. Read Less
Courtesy of Ellen Evans (518-312-7116), Gendron's Property Management.
Listing Snapshot
Days Online
11
Last Updated
Property Type
Duplex
Beds
8
Full Baths
2
Lot Size
0.16 Acres
Year Built
1880
MLS Number
202613738
30 Days Snapshot Of 12203
$360k
+32%
(avg) sold price
9
-47%
homes sold
82
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Full"
Building
Architectural Style: "Other", Construction Materials: "Aluminum Siding", Living Area: 3,130, Number Of Units Total: 2, Year Built: 1880
Exterior Features
Features: "None", Patio And Porch Features: "Rear Porch", "Front Porch", Patio And Porch Features: "Rear Porch", "Front Porch"
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
Confirm your time
Fill in your details and we will contact you to confirm a time.