Check out this money maker in Albany, which generates over $87,000 annually when fully rented. This rock-solid 6-unit typically brings in over $7,000/month in gross rents, plus additional cash flow from coin-op laundry. Two units delivered vacant and move-in ready: one fully updated and the other to be renovated prior to closing - providing immediate flexibility for an owner-occupant or the opportunity to set rents with tenants of your choosing. It's a true turnkey asset featuring a low-maintenance brick exterior and a history of being fully rented. Reliable, on-time rental income, which minimizes collection risk. The location is ideal for keeping occupancy high, sitting just minutes from downtown, local amenities, and major bus lines. *The sale includes two separate parcels. If you are looking for a stabilized, high-performing property that pays off from day one, this is it. AGENTS: Please see remarks and docs for lots of additional info.
Property Type(s):
Multi Family
|
Last Updated
|
12/3/2025
|
Year Built
|
1890
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| BASEMENT |
Apartment, Full, Walk-Out Access, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
Other |
| HEAT |
Electric, Forced Air, Hot Water, Natural Gas |
| LOT |
4356 sq ft |
| LOT DIMENSIONS |
0.1 |
| PARKING |
None, No Garage |
| SEWER |
Public Sewer |
| STYLE |
Apartment 4 Plus Unit |
| TAXES |
11681 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Realty One Group Key
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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