287 Myrtle Ave - Apartments FOR SALE


Albany, NY 12208- Park South
$1,349,000 USD
518-505-4977
287 Myrtle Ave, Albany, NY for Sale
$1,349,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

287 Myrtle Ave
Albany, NY 12208
Park South


HIGHLIGHTS

  • Desirable & Walkable Neighborhood
  • Long-Term Tenants
  • Renovated Units
  • Off Street Parking & Garages

OVERVIEW

Dual property portfolio (34-36 Sparkill Ave MLS #202523736) that consists of 10 residential units w/off-street parking & garages located just steps from every major thoroughfare/bus line, Albany Medical Center, local colleges, downtown State & legislative buildings, Washington Park, popular shopping, notable eateries & so more MORE. Nicely maintained addresses with strong rental income. Updated/remodeled units & minimal expenses make for attractive assets to any beginner and/or seasoned investor. Coin-operated laundry in basement. Nice quiet streets with sidewalks. Excellent Long-term tenants. Turn-key. Both properties must be purchased together as a portfolio but are on separate deeds. Current rent roll & expenses for both addresses are located under attachments. POF and/or a financial letter stating sufficient and/or qualification prior to any showing requests. We will allow to preview every unit with an acceptable offer. Sellers are looking for quick & easy offering terms.

FOR SALE DETAILS

PRICE

$1,349,000 USD

PRICE/SF

$454 USD /SF

# OF UNITS

5

PRICE/UNIT

$269,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,674 SF

ZONING

R2A

APN/PARCEL ID

010100-076-031-0001-089-000-0000

ASK ABOUT THIS PROPERTY

Colin McDonaldMcDonald Real Estate Comp LLCMore Info
518-505-4977

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Colin McDonaldMcDonald Real Estate Comp LLCMore Info
518-505-4977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.