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917 Park Avenue

Albany, NY 12208

Active

$1,000,000

Listing by:
Christine M Serafini
Miranda Real Estate Group Inc
518-514-8830

7 Unit building with off street parking , all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: Current rents have room for improvement based on current market rent. Turn key building with updated mechanicals and new roof in last 3 years. Tenants pay for electric and owner pays for heat. Boiler is 10 years old and serviced twice annually. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Financials available upon request. This can be sold as package deal with adjacent property 921 Park Avenue. Please refer to MLS #202628215 for 921 Park Avenue.

$1,000,000
14.0
Bedrooms
7
Bathrooms
6,756
Sq. Ft.
$ 148
$/Sq. Ft.
0.13
Acres
Year Built:
1900
County:
Albany
School District:
Albany
Acres:
0.13
Listing Agent:
Christine M Serafini
Listing Office:
Miranda Real Estate Group Inc
CONTACT A
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Features

Square Feet: 6,756
Town: Albany
Bedrooms: 14
Full Bathrooms: 7
Estimated Taxes: $14,810
Water: Public
Sewer: Public Sewer
Heat: Hot Water, Natural Gas
Garage: 0
Property Style: Apartment 4 Plus Unit
Exterior: Vinyl Siding, Wood Siding
Exterior Features: Other
Parking Spaces: 8
Zoning: Multi Residence

Location



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