This two building (287 Myrtle & 34-36 Sparkill Ave ) 10-unit portfolio offers a great opportunity for investors. These units are all in excellent condition, most with new appliances, renovated bathrooms and kitchens. Most units have hardwood floors with the majority having been recently refinished. The buildings are well maintained and offer a secure and high quality living environment. Most units have new windows for heat efficiency, Brand new laundry with 2 new coin operated machines in each building. Excellent long-term tenants and great location walkable to hospitals and schools. Nothing left to do here but collect rent and enjoy an 8.8% cap rate which is almost unheard of in this market.
Closed
$1,225,000
34 Sparkill Avenue, Albany, NY 12209
13beds
--sqft
Multi Family
Built in 1929
-- sqft lot
$1,090,100 Zestimate®
$--/sqft
$1,573 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 04, 2024 at 07:22pm
Listed by:
Jennifer L Karam 518-817-3345,
Howard Hanna Capital Inc
Bought with:
Lori Dalrymple, 10401287145
M J Dreamworks, LLC
Source: Global MLS,MLS#: 202312044

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Baseboard, Hot Water, Natural Gas
Cooling
- None
Features
- Flooring: Vinyl, Hardwood
- Basement: Apartment,Full
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 8
- Parking features: Driveway, Garage
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Front Porch
- Exterior features: None
Lot
- Size: 6,098 sqft
Details
- Parcel number: 010100 75.76145
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Roof: Flat,Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany