15 N Lake Avenue Pending

Albany,NY 12203

$ 299000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 202424477

Bedrooms 8

Full Baths 4

Year Built 1900

Annual Tax Amount $4,665

Lot Size 3,049 Sqft

Property Description

Seize this fantastic opportunity to own a profitable, two-family property in a prime Albany location. This well-maintained property boasts two spacious units, each offering 4 beds and 2 full baths. With an impressive potential rental income exceeding $57,000 annually, this property promises strong returns. To top it off, the detached 3-car garage provides additional income potential, a perfect bonus for investors looking to maximize earnings. The first-floor unit is fully rented by the room with reliable tenants. The second-floor unit is strategically left with vacancies, with one room occupied, to allow for convenient showings. With many updates over the years and current ROPs, this property is ready for the next owner to step in and start earning.

Location

State NY

County Albany

Interior

Heating Hot Water

Exterior

Garage Spaces 3.0

Waterfront No

Building

Sewer Public Sewer

Water Public

Schools

School District Albany

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