117 4th Avenue, NY 12202

$484,900
10
BD
3
BA
3,835
SqFt

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List Price
$484,900
Price Change
▼ $15,000 1785003535
MLS#
202620596
Bedrooms
10
Bathrooms
3
Subdivision
Select One

Property Description

Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

Additional Information

Taxes
$2,130
Acres
0.05
Lot Dimensions
66X34.3
Lot Description
Corner Lot, Road Frontage
School District
Albany
Interior Features
Paddle Fan, Built-in Features
Fireplaces
1
Heating
Baseboard, Hot Water
Cooling
Window Unit(s)
Exterior Features
None
Construction
Brick
Roof
Rubber, Flat
Parking
None
Sewer
Public Sewer
Water
Public

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of listing agent Richard Carr with Carr Real Estate Group, LLC Brokerage, 518-488-2434.

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