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 in one unit and let your tenant help pay your mortgage. The first-floor unit is rented - that… Read More 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.
Listing Snapshot
Days Online
110
Last Updated
Property Type
Duplex
Beds
6
Full Baths
2
Lot Size
0.06 Acres
Year Built
1900
MLS Number
202615320
30 Days Snapshot Of 12203
$418k
+16%
(avg) sold price
21
+40%
homes sold
67
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: Exterior Entry, Partial, Unfinished
Building
Architectural Style: Duplex-Over/Under, Other, Construction Materials: Vinyl Siding, Living Area: 1,750, Number Of Units Total: 2, Year Built: 1900
Cooling
Cooling: None
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
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.