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Listed by Jonathan Minerick • Homecoin.com

$ 329,900

Est. payment -/mo

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Contingent - Continue To Show

610-612 Morris Street Albany, NY 12208

8 Beds

2 Baths

2,544 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Contingent - Continue To Show

Purchase Type For Sale

Square Footage 2,544 sqft

Price per Sqft $129

MLS Listing ID 202620286

Bedrooms 8

Full Baths 2

HOA Y/N No

Year Built 1925

Annual Tax Amount $7,230

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 38x93.5

Property Sub-Type Duplex

Source Global MLS

Property Description

10%+ cap rate cash cow & strategic location: Ideal Investment or Elite House Hack! This large 8-bed duplex features two spacious units (4 beds, 1 bath each) optimized for maximum yield. Enjoy cashflow with recent rents of $4,000-$4,200/mo. Completely separate meters mean tenants responsible for gas/electric, keeping your overhead low. Sitting directly across from former college campus, now Albany County Sheriff HQ and other government offices insures tranquility, low residential density, easy parking and tenant source. Perfect for medical professionals, it is flat 1.3 miles by foot to both Albany Med and St. Peter's Hospital. Bus stops are 5 minutes' by foot.

Location

State NY

County Albany

Zoning Multi Residence

Direction Between Partridge St and S. Main St on Morris St.

Interior

Interior Features Walk-In Closet(s), Built-in Features

Heating Hot Water, Radiant, Natural Gas

Flooring Ceramic Tile, Hardwood

Equipment None

Window Features Aluminum Frames,Wood Frames

Exterior

Exterior Feature None

Parking Features None

Utilities Available Cable Available

Roof Type Shingle,Asphalt

Porch Rear Porch, Front Porch

Building

Lot Description Level

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

School District Albany

Others

Tax ID 010100 64.67-2-22

Acceptable Financing Owner Concession

Listing Terms Owner Concession

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Traci Cornwell

Broker

+1(518) 334-3444

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Albany, NY