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Leibowitz Real Estate LLC
117 4th Avenue, Albany, NY 12202
- $445,900
- 10
- BD
- 3
- BA
- 3,835
- SqFt
- List Price
- $445,900
- Status
- ACTIVE
- Days on Market
- 128
- Price Change
- ▼ $19,100 1790975851
- MLS#
- 202620596
- Subtype
- MultiFamily
- Year Built
- 1880
- Bedrooms
- 10
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,835
- Lot Size
- 2,178
- Acres
- 0.05
- 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
- Interior Features
- Paddle Fan, Built-in Features
- Exterior Features
- None
- Taxes
- $2,130
- Zoning
- Multi Residence
- Flooring
- Laminate, Vinyl
- Heating
- Baseboard, Hot Water
- Air Conditioning
- Window Unit(s)
- Exterior Construction
- Brick
- Roof
- Rubber, Flat
- Foundation
- Brick/Mortar
- Parking Features
- None
- School District
- Albany
- Elementary School
- Giffen Memorial
- High School
- Albany
- View
- Downtown
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Listing courtesy of listing agent Richard Carr with Carr Real Estate Group LLC Brokerage, 518-488-2434.
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