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About the Listing o3375A - 35015
Great opportunity for Investor or owner occupant, convenient location close to Albany Medical center, Albany Law, 4 bedroom top floor units 3 bedrooms downstairs. Recently renovated kitchen, new floors, new windows, freshly painted. Unit 1 is currently rented at $1,498/month. Unit 2 is currently rented at $1,600/month. Stabilized gross rent is approximately $3,098/month ($37,176/year). Estimated operating expenses are: taxes ($5,473/yr), insurance ($1,600/yr), and water/sewer (~$1,200/yr), for total estimated annual operating expenses of ~$8,273 and estimated NOI of ~$28,903/year (~$2,408/month). Estimated Cap rate is approximately 10.1%.
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft: 1820
- Below Ground Sq Ft: 1820
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,694
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 65.69-3-21
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
431 Morris St Albany, NY 12208
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