Excellent Investment Opportunity - Two-Unit Property with a cap rate of 8.18% just off one unit. Don't miss this opportunity to own an income-producing two-unit property with additional upside potential! This property features a long-term tenant currently paying $1,826 per month, with a scheduled rent increase to $1,981 effective January 1, 2027. Recent improvements include a NEW ROOF, NEW SIDING, and NEW HOT WATER TANKS! The second unit is currently vacant and ready for its next owner. Whether you're looking to owner-occupy while collecting rental income from the other unit or lease the vacant apartment to maximize your investment returns, the possibilities are there. INVESTORS TAKE NOTICE! This property offers a current cap rate of 8.18%, with the potential to increase to 9.28% effective January 1, 2027, just off of the one occupied unit.
Showing are restricted to M, W, F & Saturdays from 10am -7pm.
Property Type(s):
Multi Family
|
Last Updated
|
11/8/2026
|
Year Built
|
1870
|
|
County
|
Albany
|
SCHOOLS
Additional Details
| AIR |
None |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Aluminum Siding |
| EXTERIOR |
None |
| HEAT |
Hot Water, Natural Gas, Other |
| LOT |
2614 sq ft |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
0.06 |
| PARKING |
None, No Garage |
| SEWER |
Public Sewer |
| STYLE |
Traditional |
| TAXES |
2786 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Find Advisors
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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