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207 western Avenue

Albany, NY 12203

Pending

$349,000

Listing by:
Ellen Evans
Gendron's Property Management
518-312-7116

High-performing duplex in Albany, New York with strong in-place rents + extra income from coin-op laundry. A clean, easy-to-underwrite pro forma that works for both investors and owner-occupants (house hack).Both units are currently rented at $1,900/month unit 2 and $1800/Month unit 1 each for total rent of $3,700/month ($44,400/year), plus approximately $1,292/year in laundry income. Total gross income is ~$45.692/year. Operating expenses are straightforward: city + school taxes ($8,181/yr), and owner-paid water/sewer ($1,200/yr) Estimated 10% Cap Rate utilities are tenant-paid (gas/electric); owner pays water/sewer only. Top floor available for showing as per Showing Time instructions. First floor can be shown if further interest.

$349,000
8.0
Bedrooms
2
Bathrooms
3,130
Sq. Ft.
$ 112
$/Sq. Ft.
0.16
Acres
Year Built:
1880
County:
Albany
School District:
Albany
Acres:
0.16
Listing Agent:
Ellen Evans
Listing Office:
Gendron's Property Management
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Features

Square Feet: 3,130
Town: Albany
Bedrooms: 8
Full Bathrooms: 2
Estimated Taxes: $8,425
Water: Public
Sewer: Public Sewer
Heat: Radiant
Garage: 0
Property Style: Other
Exterior: Aluminum Siding
Exterior Features: None
Parking Spaces: 3
Zoning: Mixed

Location



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