506-508 3rd Street, Albany, NY 12206

Wonderful opportunity to own a 4-family (2 duplexes) in Albany! This income producing multi-unit has owner-occupancy potential. 2 recently remodeled units w/ new appliances and flooring have estimated rents of $850/mo. each. Another is currently rented w/ a long-term tenant at $715/mo. Additional unit estimated at $715/mo. Total potential rental income of $37,560/year ($3,130/month)! This property boasts rear decks that are under 10 yrs old, energy efficient windows, 4 hot water heaters, and 1 boiler w/ each unit having a preset thermostat. Tenants pay separate electric and hot water (owner furnishes heat). All units have yard access. Property is zoned R-2 District and has a full basement w/ multiple potential uses. Conveniently located near bus line and local park. A must see!