Amazing investment opportunity in the City of Albany to own a 12-unit apartment complex. Featuring (9) one-bedroom apts, (2) studio apts and (1) two bedroom apt. Previously rent was approx. $88k/year with vacancies. Projected rent after renovations approx. $140k/year. Solid building with taxes $8k, insurance currently $3,072/year, water, sewer & trash approx. $2,500/year. All units have separate meters & utilities. Sold as-is, cash or hard money only!
Listing courtesy of listing agent Marisa Moffatt with The Moffatt Group, Inc Brokerage, 518-598-9824.
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