This is a rare find - 10 unit brick apartment building in excellent condition, and very well located. Apartment units are always rented. Private driveway entrance and three garage stalls provide on -site parking. If your're looking for a long term investment with a stable tenancy this property is for you. Cash flow + equity build-up + growth in income and value = excellent overall return on invested capital.
Off market
$594,400
40 W Parkwood St, Albany, NY 12203
10beds
9,243sqft
MultiFamily
Built in 1930
-- sqft lot
$594,400 Zestimate®
$64/sqft
$2,052 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Other, Gas
Cooling
- None
Features
- Basement: Full, Apartment, Finished Area
Interior area
- Total interior livable area: 9,243 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood, Brick
Lot
- Size: 9,583 sqft
Details
- Parcel number: 0130895216320
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
Condition
- Excellent
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- GarageYN: true
- HeatingYN: true
- Heating: Natural Gas, Hot Air
- Basement: Full, Apartment, Finished Area
- PropertyCondition: Excellent
- ConstructionMaterials: Wood Siding, Brick
- RoomsTotal: 26
- StructureType: Multi Family
- CurrentFinancing: Conventional Fixed
- AboveGradeFinishedAreaSource: Agent Measure
- BusinessName: Actual
- InsuranceExpense: 4027
- FuelExpense: 9914
- GrossIncome: 107260
- WaterSewerExpense: 1944
- MlsStatus: Pending