Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this… Read More building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today! Read Less
Courtesy of Jennery Pacheco (518-944-3944), Miranda Real Estate Group Inc.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Beds
4
Full Baths
4
Partial Baths
1
Lot Size
0.03 Acres
Year Built
1880
MLS Number
202615134
30 Days Snapshot Of 12207
$210k
0%
(avg) sold price
0
-100%
homes sold
114
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Interior Entry", "Other"
Building
Architectural Style: "Other", Construction Materials: "Brick", Living Area: 3,796, Number Of Units Total: 4, Year Built: 1880
Cooling
Cooling Included, Cooling: "Central Air"
Expenses
Insurance Expense: $253
Exterior Features
Features: "None", Patio And Porch Features: "None", Patio And Porch Features: "None"
Fence
Fencing: "None"
Floors
Flooring: "Laminate"
Heating
Heating: "Forced Air", "Other", "Natural Gas", Heating Included
Interior Features
Features: "Other", "Crown Molding"
Laundry
Features: "Laundry Closet"
Lot
0.03 acres, Area: 0.03, 1,307 square feet
Owner Pays
Owner Pays: "Trash Collection", "Sewer", "Water"
Parking
Features: "Other"
Property
Other Structures: "None", Parcel Number: 010100 76.42-3-38, Property Sub Type: Quadruplex, View: "City", "Downtown", Zoning: Commercial
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