About This Home
This 10-bedroom, 3-bathroom residential multi family at 117 4th Avenue in Albany, NY is listed for $499,900 ($130 per sqft). Built in 1880, the home offers 3,835 sqft of living space on a 0.05 acres lot.
Key Features
- Built in 1880
- 0.05 acre lot
- Fireplace
Property Details
Amenities
Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments.
Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas.
This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy.
Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!
Monthly Cost Estimate
$2,674/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
117 4th Avenue
Albany, NY 12202
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 10-bedroom, 3-bathroom residential multi family at 117 4th Avenue is listed at $499,900 ($130/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1880, 0.05 acre lot, Fireplace. Interior Features: Paddle Fan, Built-in Features.
This property is listed by Richard Carr and can be reached at 5184882434.
