Description
Great investment opportunity just minutes from the UAlbany Downtown Campus, Albany Medical Center, and Washington Park. This two-family property features two spacious 3-bedroom units, each offering a large foyer, generous living room, and a bonus room that can be used as a dining room, office, or additional living space. The first-floor tenants are long-term residents currently on a month-to-month lease, while the second-floor tenant has been in place since December 2024 with a lease through December 2025. Both units are separately metered for electric and natural gas, with tenants responsible for their own heat, hot water, and electricity. This desirable location attracts both students, medical professionals, and anyone looking to live in Albany, making it an ideal choice for investors seeking stable rental income in a high-demand area.
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6BEDS
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0.05ACRES
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2BATHS
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01/2 BATHS
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2,240SQFT
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$0$/SQFT
Description
Great investment opportunity just minutes from the UAlbany Downtown Campus, Albany Medical Center, and Washington Park. This two-family property features two spacious 3-bedroom units, each offering a large foyer, generous living room, and a bonus room that can be used as a dining room, office, or additional living space. The first-floor tenants are long-term residents currently on a month-to-month lease, while the second-floor tenant has been in place since December 2024 with a lease through December 2025. Both units are separately metered for electric and natural gas, with tenants responsible for their own heat, hot water, and electricity. This desirable location attracts both students, medical professionals, and anyone looking to live in Albany, making it an ideal choice for investors seeking stable rental income in a high-demand area.
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