Open House Sun Jun 21 - Appointment Required! Please call host 518 698 7074 for an appointment. A rare find in Albany's Pine Hills: Updated two-unit property that works equally well as a primary home with income offset, or a turnkey cash-flowing investment. For the Home Buyer Live… Read More in one unit and let your tenant help pay your mortgage. The first-floor unit is rented - that income starts working for you on day one. Your unit has been fully renovated with vinyl plank flooring, a marble-look tiled bathroom with rainfall shower, recessed lighting, in-unit laundry, new windows, and modern finishes throughout. Move in and enjoy -- everything has already been done. Qualifies for FHA owner-occupied financing. For the Investor True turnkey -- no renovation risk, no capital expenditure queue. Both units feature spacious 3-bedroom layouts with the amenity combination renters actually want: off-street parking and in-unit laundry. Existing income in place with room to optimize rents. Projected pro forma cap rate of 10%+. Strong, durable rental demand from UAlbany students, healthcare workers, and state employees keeps vacancy risk low. The Location Pine Hills is one of Albany's most consistently occupied rental submarkets -- walkable, well-connected, and minutes from UAlbany, major healthcare campuses, state offices, dining, and transit. Agent is the Ownerr Read Less
Courtesy of Pearl W Ha (518-698-7074), ADI Real Estate Services LLC.
Architectural Style: "Duplex-Over/Under", "Other", Construction Materials: "Vinyl Siding", Living Area: 1,750, Number Of Units Total: 2, Year Built: 1900
Exterior Features
Features: "None"
Fence
Fencing: "Back Yard"
Floors
Flooring: "Vinyl", "Tile"
Heating
Heating: "Baseboard", "Forced Air", Heating Included
Lot
0.06 acres, Area: 0.06, 2,614 square feet
Parking
Parking Total: 4
Property
Parcel Number: na, Property Sub Type: Duplex
Roof
Roof: "Asphalt"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $6,303, Tax Lot: 14.000
Utilities
Water Source: "Public"
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