181 Elk St, Albany, NY 12210

Real Estate Auction: Fully rented solid brick three unit apartment building located in downtown Albany directly behind the Washington Avenue Armory. This three unit income producing rental property has separate electric and gas. The first floor unit is a two bedroom apartment with electric heat, gas hot water and hardwood floors. It currently rents for $700 a month. The second floor unit is a threeÃ,­ bedroom apartment with gas baseboard heat and electric hot water. It has hardwood floors, ceramic tile in the bathroom and rents for $850 a month. The basement unit is a two bedroom apartment with gas heat and gas hot water. It has wall to wall carpet and rents for $650 per month. The building is located within walking distance to Albany's downtown business district, Empire State Plaza, Albany's Capital and City Hall. Selling at auction way below market value.