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About the Listing o3375A - 35015
Located in Pine Hills, this 3,000 sq+ side by side duplex on a double-lot is a great opportunity for an investor or owner-occupant. Both units currently rented to stable tenants. Each unit has a kitchen, living room, and dining room on the first floor, 4 beds and 1 bath on the second floor. Large driveway provides off street parking for both units. Unit 1 is rented at $2,000/month and Unit 2 is rented at $2,050/month for total gross rent of $4,050/month ($48,600/year). Estimated operating expenses: taxes ($10,208/yr), insurance ($2,500/yr), and water/sewer ($700/yr), estimated total annual operating expenses of ~$13,408 and estimated NOI of ~$35,192/year (~$2,932.67/month). Estimated cap rate is ~7.6%.
Interior Details
- Bedrooms: 8
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft: 2940
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Rubber,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Stone,Driveway
Financial Details
- Tax Amount: $10,467
- Taxes w/Assessments: N/A
- Tax/Property ID: 64.43-1-18 01
- Tax Year: N/A
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Questions About..
884886 884-886 Lancaster St Albany, NY 12203
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