328 Western ave - Apartments FOR SALE


Albany, NY 12203- Pine Hills
$1,499,900 USD
518-258-7595
328 Western ave, Albany, NY for Sale
$1,499,900 USD
Apartments - FOR SALE
1/52
null | 6.77% Cap Rate

328 Western ave
Albany, NY 12203
Pine Hills


HIGHLIGHTS

  • A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location.
  • Potential yearly $168,900.00.
  • Full expense sheet is available under docs.

OVERVIEW

RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

FOR SALE DETAILS

PRICE

$1,499,900 USD

PRICE/SF

$249 USD /SF

# OF UNITS

10

PRICE/UNIT

$149,990

CAP RATE

6.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare brick 10 family in Pine Hills neighborho

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

R2B

APN/PARCEL ID

010100-065-061-0002-006-000-0000

ASK ABOUT THIS PROPERTY

Mariana DeLucaHoward Hanna Real Estate ServicesMore Info
518-258-7595

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

Mariana DeLucaHoward Hanna Real Estate ServicesMore Info
518-258-7595

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