Rare opportunity to own a 5-unit property in the heart of Pine Hills! Each unit is a 1-bedroom/1-bath efficiency with all utilities included, making it highly attractive to tenants. Just 1 mile from Albany Med and 1 mile from Washington Park, the location offers consistent rental demand and walkability to key amenities. This property delivers a rare 9% cap rate with upside potential to 10%, making it an excellent choice for investors seeking both cash flow and growth.
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Features
Square Feet: 2,216
Town: Albany
Bedrooms: 5
Full Bathrooms: 5
Estimated Taxes: $8,882
Water: Public
Sewer: Public Sewer
Heat: Radiant, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Stucco
Exterior Features: None
Cooling: None
Parking Spaces: 0
Location
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