Property Listing No Longer Available for Sale

85-87 Hunter Ave, Albany, NY

Multi-family for Sale - $300,000 - 5,000 Sq. Ft. on 0.14 acres


Property Info

CIMLS#993784
Location
  85-87 Hunter Ave
  Albany NY 12206
UpdatedMarch 23rd, 2018
TypeMulti-family
Price$300,000
Building5,000 Sq. Ft.
Land0.14 acres

Property Description

Two Semi-attached homes, three units on each side fully occupied with long time tenants. Rent Roll over $5600/month. Cap rate over 12%. Each apartment has 2-3 bedrooms. Tenants pay heat and electricity. Class A Building with new windows, insulation, appliances, cabinets, and hardwood floors. Already appraised and listed below market value for quick sale. Blocks away from SUNY Albany, 1 block away from Central Ave. and Central Albany location. Long term tenants


Financials