Derek Morgan
This listing was posted on RealtyWW.
$375,000
Home For Sale In Albany, New York
Price:
$375,000
BR/BA:
8 BR, 2 BA
Location:
423 Hamilton St, Albany, NY
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, and appliances are all in great shape and nothing is needed. All renovations and maintenance has been done to a very high level.For more details: https://realtyww.info/homes_albany-d526377/for-sale_i71105982
Property Type:
Single-Family Houses
Amenities:
Refrigerator, Washer Dryer
Posted:
April 26 on RealtyWW
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More About this Listing: Home For Sale In Albany, New York
Home For Sale In Albany, New York is a Eight Bedroom Two Bath Single-Family Homes for Sale at 423 Hamilton St in Albany NY. Find other listings like Home For Sale In Albany, New York and listings near 423 Hamilton St by searching Oodle Classifieds for Eight Bedroom Two Bath Single-Family Homes for Sale in Albany NY.
Home For Sale In Albany, New York is a Eight Bedroom Two Bath Single-Family Homes for Sale at 423 Hamilton St in Albany NY. Find other listings like Home For Sale In Albany, New York and listings near 423 Hamilton St by searching Oodle Classifieds for Eight Bedroom Two Bath Single-Family Homes for Sale in Albany NY.