Description
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
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19BEDS
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0.15ACRES
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12BATHS
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01/2 BATHS
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6,600SQFT
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$167$/SQFT
Description
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
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