Over 45% increase in rents in just over 3 years. Strong rental property that actually makes money at its selling price. Tenants pay all utilities. ~ $33k rent, operating at about a 10% cap rate. Also a great option for owner occupied.
Off market
$348,700
268 Manning Blvd, Albany, NY 12206
6beds
2,464sqft
MultiFamily
Built in 1930
-- sqft lot
$348,700 Zestimate®
$142/sqft
$1,630 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Gas
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: In Basement
Features
- High Speed Internet
- Flooring: Hardwood
- Basement: Full
- Attic: Walk-up, Full
Interior area
- Total interior livable area: 2,464 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 0.80 Acres
Details
- Parcel number: 0101006436211
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Metal
- Roof: Asphalt
Condition
- Very Good
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Flooring: Wood
- BuildingFeatures: DSL/Cable Available
- Sewer: Public Sewer
- WaterSource: Public
- Appliances: Refrigerator, Range w/Oven
- HeatingYN: true
- CoolingYN: true
- Heating: Natural Gas, Hot Water
- Basement: Full
- PropertyCondition: Very Good
- ConstructionMaterials: Vinyl Siding
- ArchitecturalStyle: Traditional
- ParkingFeatures: Detached
- WaterSewerExpense: 450
- StructureType: Multi Family
- Cooling: Wall Unit(s)
- InteriorFeatures: High Speed Internet
- LaundryFeatures: In Basement
- ElectricExpense: 0
- FuelExpense: 0
- InsuranceExpense: 1100
- Roof: Asphalt Shingle
- Attic: Walk-up, Full
- CurrentFinancing: SONYMA
- RoomDiningRoomDescription: Formal Dining Room,Formal Dining Room