Rare 3 unit property near Saint Rose College and UAlbany. Already has off street parking that could be further maximized for rental income. Property boasts about an 11.3% cap rate as is, which is difficult to find in this market, with potential for more. Perfect for the investor looking for instant ROI and then some.
Off market
$274,200
509 Hamilton St, Albany, NY 12203
--beds
1,840sqft
MultiFamily
Built in 1890
-- sqft lot
$274,200 Zestimate®
$149/sqft
$2,201 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Gas
Cooling
- None
Interior area
- Total interior livable area: 1,840 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 4,356 sqft
Details
- Parcel number: 0101006561359
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Class: MULTI-FAMILY
- Sale/Rent: For Sale
- State: NY
- Status Category: Pending
- SEWER: Public
- WATER: Public
- Age Description: Estimated
- SO1Office Type: MLS SUBSCRIBER
- SO1Office State: NY
- PHOTO INSTRUCTION: Broker Load Photos
- City/Town (taxing entity): Albany
- UNIT OCCUPANCY: Leased
- School District Code: Albany
- County: Albany
- City/Town (Mail Address): Albany
- HEAT SYSTEM: Hot Water, Radiator
- ROOF: Rubber
- SPECIAL MARKET CONDITIONS: Exclusive Agency Listing
- SO1OfficePhone1CountryId: United States (+1)
- Listing Visibility Type: MLS Listing
- Tax Identification Block: 3
- Tax Identification Lot: 59
- Tax ID Section: 61.61
- Swis Code: Albany-Albany
- Status: Pending
- Sub Area: Albany City-Central Business District (117)