Description
Take a look at this stately historic 5-unit brownstone in the heart of Albany. Built in 1859, this beautifully preserved building features a grand staircase, high ceilings, large pocket doors, multiple fireplaces (not in use), thick crown moldings & character galore. Strong rental history with long term tenant in place that rents 4 of the 5 units. Total current monthly rental income of $5,300. Basement unit could add an additional $1,000-$1200 in revenue. This home has undergone quite a few renovations including kitchens, baths & more. A rare opportunity to own a character-filled investment property in a prime location! For more income, this can be bundled together with 11 Spring St. Albany, a parking lot with 11 spaces directly behind the building. Reach out for more details!
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6BEDS
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0.05ACRES
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4BATHS
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21/2 BATHS
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4,588SQFT
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$194$/SQFT
Description
Take a look at this stately historic 5-unit brownstone in the heart of Albany. Built in 1859, this beautifully preserved building features a grand staircase, high ceilings, large pocket doors, multiple fireplaces (not in use), thick crown moldings & character galore. Strong rental history with long term tenant in place that rents 4 of the 5 units. Total current monthly rental income of $5,300. Basement unit could add an additional $1,000-$1200 in revenue. This home has undergone quite a few renovations including kitchens, baths & more. A rare opportunity to own a character-filled investment property in a prime location! For more income, this can be bundled together with 11 Spring St. Albany, a parking lot with 11 spaces directly behind the building. Reach out for more details!
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