228 Western Av, Albany, NY 12203-1322

$3,890,000

  • Status: Under Contract
  • Bedrooms
  • 0 Full Bathrooms
  • MLS # 201912764

Property Details:

  • Town: Albany
  • Bedrooms:
  • Estimated Taxes: $78,860
  • Property Type: Multi-Family
Listing Courtesy of: Carrow Real Est Services LLC

Contact Gallo Realty

Contact Gallo Realty

Gallo Realty specializes in finding property in the towns of Brant Lake, Chestertown, Adirondack, North Creek and Schroon Lake. Located about half way between Albany and the Canadian Border, you’ll see that Real Estate in our area is perfect for all seasons and is a place you can truly enjoy all the peace and serenity the Adirondack Mountains have to offer.

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Description:

70 BED STUDENT HOUSING INVESTMENT OPPORTUNITY IN THE HEART OF THE PINE HILLS STUDENT RENTAL MARKET. 12 PROPERTIES ALL WITHIN ONE BLOCK. 24 UNITS. 31 PARKING SPACES. 100% OCCUPANCY WITH PERFECT RENTAL HISTORY. FULL YEAR LEASES WITH PARENTAL GUARANTEES. ALL UNITS SEPARATELY METERED. NO DEFERRED MAINTENANCE. SHORT WALK TO COLLEGE OF ST. ROSE, UALBANY, AND BRAND NEW SUNY POLY CAMPUS. 7.74% CAP. ALWAYS RENTED! SOLID INVESTMENT.

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