423 Hamilton Street Albany, NY 12203
This is a turn-key student rental property with strong positive cash flow. Using my sample pro-forma your positive cash flow will over $14, 000/yr assuming an 80% mortgage at 8%. Cap rate of 13.0%. Text or email seller for the pro-forma. The 2-family house on a quiet dead-end street is in excellent condition and needs no repairs or improvements. 4 BRs on the 1st floor ($2, 420/mo) leased through May ' 25 and 4BRs on the 2nd floor ($1, 770) leased through May of '24. The property was fully renovated in 2011. Includes all appliances (Fridges, ranges, DWs, Micros) with Washer/Dryer in the basement. Roof, boilers (2011), water heaters, electric, plumbing, & appliances are all in great shape and nothing is needed. All renovations and maintenance has been done to a very high level.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyAlbany
- Taxes$4,097
- HOA/Condo/Coop Fees$0
- Days on Site52 Days
- MLS StatusPending
- MLS ID Number202415805
- Home Size Source N/A
- Year Built1905
- Lot Size0.08 Acres
- Full Baths2
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 423 Hamilton Street Albany, NY 12203
18 hours ago | |
a week ago | |
2 months ago |
Don't miss a thing!
Get updates on new activity for this listing