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16-22 Trinity Place

Albany, NY 12202

Pending

$950,000

Listing by:
Samantha M Curry
New Scotland Realty
(518) 964-2066

Incredible opportunity to own 15 units with potential to value add a 16th unit in one of the buildings close to downtown and the Capital. Nine units are 2B/1BA and the remaining six are 1BD/1BA. Walking distance to bus stop, street parking is never an issue, and the property includes ample parking in the back. All ROPs up to date including sprinkler inspection. Many units vacant (12) and walkable with ample opportunity for new owner to raise rents and upside potential of 11% cap and 20% cash on cash return. Make your mark in the Capital Region with this new asset today!

$950,000
15.0
Bedrooms
15
Bathrooms
0.20
Acres
Year Built:
1880
County:
Albany
School District:
Albany
Acres:
0.20
Listing Agent:
Samantha M Curry
Listing Office:
New Scotland Realty
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Features

Town: Albany
Bedrooms: 15
Full Bathrooms: 15
Estimated Taxes: $24,436
Water: Public
Sewer: Public Sewer
Heat: Baseboard, Electric
Garage: 0
Property Style: Apartment 4 Plus Unit
Basement: Apartment
Exterior: Brick
Exterior Features: None
Parking Spaces: 10
Bedrooms Unit 1: 2
Bedrooms Unit 2: 2
Bedrooms Unit 3: 2
Bedrooms Unit 4: 2

Location