About This Home
This 0-bedroom, 3-bathroom commercial at 151 S Pearl Street in Albany, NY is listed for $299,000 ($49 per sqft). Built in 1890, the home offers 6,127 sqft of living space on a 0.05 acres lot.
Key Features
- Built in 1890
- 0.05 acre lot
- 3 stories
Property Details
Amenities
Three-story brick mixed-use building offering an excellent opportunity for investors and owner-occupants. The property features a vacant commercial storefront with an estimated rental income of $2,000 per month, a vacant second-floor apartment with an estimated rental income of $1,600 per month, and a third-floor apartment occupied by a long-term tenant currently paying $1,250 per month.
With the potential to generate approximately $60,000 in gross annual rental income, this mixed-use property presents a strong opportunity for consistent cash flow and long-term investment growth. The vacant storefront and second-floor apartment offer immediate leasing or owner-occupancy options, while the third-floor tenant provides income from day one. The roof has been professionally silicone-coated as part of routine maintenance, offering an estimated 15-20 years of added protection.
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
151 S Pearl Street
Albany, NY 12202
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 3-bathroom commercial at 151 S Pearl Street is listed at $299,000 ($49/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1890, 0.05 acre lot, 3 stories.
This property is listed by Medaiszjah Sims and can be reached at 5184170397.
