423 Hamilton Street, Albany (12203)
$375,000
8 
2
3,484
PROPERTY DETAILS
| Address: |
view address Albany, NY 12203 Map Location |
Features: | Garage |
|---|---|---|---|
| Bedrooms: | 8 | Bathrooms: | 2 (full: 2) |
| Square Feet: | 3,484 sq.ft. | Lot Size: | 0.08 acres |
| Year Built: | 1905 | Styles: | Other |
| Property Type: | Duplex | County: | Albany |
| List Date: | 2024-04-24 | Listing Number: | 202415805 |
| Listed By: | Unreal Estate Brokerage LLC |
PROPERTY DESCRIPTION
This is a turn-key student rental property with strong positive cash flow. Using my sample pro-forma your positive cash flow will over $14,000/yr assuming an 80% mortgage at 8%. Cap rate of 13.0%. Text or email seller for the pro-forma. The 2-family house on a quiet dead-end street is in excellent condition and needs no repairs or improvements. 4 BRs on the 1st floor ($2,420/mo) leased through May ' 25 and 4BRs on the 2nd floor ($1,770) leased through May of '24. The property was fully renovated in 2011. Includes all appliances (Fridges, ranges, DWs, Micros) with Washer/Dryer in the basement. Roof, boilers (2011), water heaters, electric, plumbing, & appliances are all in great shape and nothing is needed. All renovations and maintenance has been done to a very high level.
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Interior
| Hardwood Floors: | Yes | Natural Gas Heat: | Yes |
| Tile Flooring: | Yes |
Exterior
| Garage Size: | 1.00 | Parking Spaces: | 4.00 |
| Porch: | Yes | Slate Roof: | Yes |
| Style: | Other | Vinyl Siding: | Yes |
Property and Lot Details
| High School: | Albany | Lot Acres: | 0.08 |
| Lot Number: | 36.00 | Lot Sqft: | 3,484.80 |
| Public Sewer: | Yes | Public Water: | Yes |
| Taxes: | 4,097.00 | Transaction Type: | Sale |
| Year Built: | 1905 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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