Incredible opportunity to own 15 units with potential to value add a 16th unit in one of the buildings close to downtown and the Capital. Nine units are 2B/1BA and the remaining six are 1BD/1BA. Walking distance to bus stop, street parking is never an issue, and the property includes ample parking in the back. All ROPs up to date including sprinkler inspection. Many units vacant (12) and walkable with ample opportunity for new owner to raise rents and upside potential of 11% cap and 20% cash on cash return. Make your mark in the Capital Region with this new asset today!
Closed
$925,000
16-22 Trinity Place, Albany, NY 12202
15beds
11,750sqft
Multi Family, Apartment
Built in 1880
-- sqft lot
$1,058,600 Zestimate®
$79/sqft
$1,452 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 04, 2024 at 07:23pm
Listed by:
Samantha M Curry 603-209-1976,
New Scotland Realty
Bought with:
Anne K Cabral, 10491210507
Glorious Day Real Estate LLC
Source: Global MLS,MLS#: 202230462

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
- Full bathrooms: 15
Heating
- Baseboard, Electric
Features
- Flooring: Vinyl
- Basement: Apartment
Interior area
- Total structure area: 11,750
- Total interior livable area: 11,750 sqft
- Finished area above ground: 11,750
Property
Parking
- Total spaces: 10
Features
- Exterior features: None
- Fencing: Vinyl
Lot
- Size: 8,712 sqft
Details
- Parcel number: 010100 76.49446
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Flat
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany