ProForma +rent roll attached as well as walk through tour of 2 apts + hall. 22 units in Superior Pine Hills location w/LOADS of parking w/3 lots (approx 30+ spots). Easy to rent/NO COVID lates or evictions, great tenants. 13 unit udates include 92 new windows, hardwood FLs, ALL new electric including 600amp panel, new roof ('20), updated kitchens & baths, new decks, new drain & water lines. 8 unit has all new plumbing, hardwood floors, recently coated roof w/ silicone, ALL new windows, new front stairs, new awning, porch was re-built, one family rents for $1500 w/ long term tenant: new roof ('20), added blown insulation in attic, new front stairs, some new windows & paved parking in some of the back lots. Fantastic opporunity to own 3 buildings in Pine Hills. Easy to rent & great tenants.
Off market
$1,470,200
889-891 Lancaster St #893, Albany, NY 12203
41beds
0baths
17,117sqft
MultiFamily
Built in 1930
-- sqft lot
$1,470,200 Zestimate®
$86/sqft
$1,976 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 41
- Bathrooms: 0
Heating
- Baseboard, Radiant, Gas
Cooling
- None
Features
- Flooring: Tile, Hardwood
- Basement: Full, Apartment
Interior area
- Total interior livable area: 17,117 sqft
- Finished area below ground: 5000
Property
Features
- Exterior features: Stone, Wood, Brick
Lot
- Size: 0.69 Acres
- Features: Cleared, Landscaped
Construction
Type & style
- Home type: MultiFamily
Condition
- Excellent, Very Good
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard, Radiant, Natural Gas, Hot Water
- Roof: Rubber
- ExteriorFeatures: Deck, Drive-Paved, Drive-Stone
- HeatingYN: true
- Flooring: Hardwood, Ceramic Tile
- Basement: Full, Apartment
- PropertyCondition: Excellent, Very Good
- ConstructionMaterials: Wood Siding, Aluminum Siding, Brick
- CurrentFinancing: Other
- LotFeatures: Cleared, Landscaped
- StructureType: Multi Family
- BelowGradeFinishedArea: 5000
- AboveGradeFinishedAreaSource: CRS
- FuelExpense: 7500
- InsuranceExpense: 9500
- RoomsTotal: 103
- MlsStatus: Pending
- ElectricExpense: 7500
- GrossIncome: 258960
- WaterSewerExpense: 4350